Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY – Get Free Report) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 48,700 shares, a decrease of 81.7% from the February 13th total of 266,300 shares. Based on an average daily trading volume, of 649,100 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.
Murata Manufacturing Price Performance
MRAAY stock traded up $0.02 during trading hours on Wednesday, reaching $8.72. 355,560 shares of the stock were exchanged, compared to its average volume of 603,938. The company has a market cap of $34.23 billion, a price-to-earnings ratio of 24.22 and a beta of 0.78. Murata Manufacturing has a 12 month low of $7.33 and a 12 month high of $12.00. The firm’s 50-day moving average is $8.30 and its 200-day moving average is $8.74.
Murata Manufacturing (OTCMKTS:MRAAY – Get Free Report) last announced its quarterly earnings data on Friday, February 7th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.03). Murata Manufacturing had a net margin of 12.00% and a return on equity of 8.01%. As a group, equities research analysts forecast that Murata Manufacturing will post 0.41 earnings per share for the current year.
About Murata Manufacturing
Murata Manufacturing Co, Ltd. designs, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally. 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.
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