Taiyo Yuden (TYOYY) Projected to Announce Quarterly Earnings on Wednesday

Taiyo Yuden (OTCMKTS:TYOYY) is expected to be releasing its resultson Wednesday, August 5th. Analysts expect the company to announce earnings of $0.9750 per share and revenue of $585.3260 million for the quarter.

Taiyo Yuden Stock Down 10.0%

Shares of TYOYY stock traded down $24.97 during mid-day trading on Wednesday, hitting $225.00. 332 shares of the stock traded hands, compared to its average volume of 1,179. Taiyo Yuden has a twelve month low of $73.50 and a twelve month high of $567.07. The company’s 50-day simple moving average is $378.17 and its 200-day simple moving average is $210.18.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on TYOYY. Morgan Stanley lowered Taiyo Yuden to an “underweight” rating in a report on Wednesday, June 17th. Zacks Research upgraded shares of Taiyo Yuden to a “hold” rating in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce”.

Taiyo Yuden Company Profile

Taiyo Yuden Co, Ltd. (OTCMKTS: TYOYY) is a Tokyo?based manufacturer specializing in electronic components and modules. Established in 1950, the company has built a reputation for innovation in passive components and wireless communication modules. Over the decades, Taiyo Yuden has expanded its portfolio beyond its ceramic capacitor roots to encompass inductors, acoustic devices and high?performance circuit protection components.

The company’s product lineup includes multilayer ceramic capacitors, power inductors, common?mode choke coils and EMI filters, all critical for consumer electronics, automotive systems and industrial applications.