Murata Manufacturing (OTCMKTS:MRAAY) Trading Down 0.1%

Shares of Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) dropped 0.1% during trading on Thursday . The stock traded as low as $8.88 and last traded at $8.90. Approximately 499,807 shares traded hands during mid-day trading, an increase of 84% from the average daily volume of 271,736 shares. The stock had previously closed at $8.91.

Murata Manufacturing Trading Down 3.3 %

The firm’s 50-day moving average price is $9.54 and its 200 day moving average price is $9.63. The company has a market capitalization of $34.91 billion, a price-to-earnings ratio of 21.71 and a beta of 0.88.

Murata Manufacturing (OTCMKTS:MRAAY) last announced its quarterly earnings data on Friday, February 2nd. The company reported $0.09 earnings per share (EPS) for the quarter. Murata Manufacturing had a net margin of 13.53% and a return on equity of 8.80%. The business had revenue of $2.98 billion for the quarter. As a group, equities research analysts anticipate that Murata Manufacturing Co., Ltd. will post 0.4 earnings per share for the current fiscal year.

About Murata Manufacturing

Murata Manufacturing Co, Ltd. designs, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally. It operates through Components, Devices and Modules, and Others segments. The company offers capacitors, inductors, noise suppression products/EMI suppression filters/ESD protection devices, resistors, thermistors, sensors, timing devices, quartz devices, sound components, power products, batteries, micro mechatronics, RFID product, baluns, couplers, filters, phase shifters, RF switches, front-end modules, SAW components, connectors, antennas, connectivity modules, wireless connectivity platforms, ionizers/active oxygen modules, and transformers.