Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY – Get Free Report) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 93,900 shares, an increase of 18,680.0% from the December 15th total of 500 shares. Based on an average trading volume of 1,469,000 shares, the days-to-cover ratio is presently 0.1 days.
Murata Manufacturing Price Performance
Shares of MRAAY stock traded down $0.32 during mid-day trading on Monday, hitting $7.85. The stock had a trading volume of 414,022 shares, compared to its average volume of 740,904. Murata Manufacturing has a 12-month low of $7.48 and a 12-month high of $12.00. The firm has a market capitalization of $30.82 billion, a P/E ratio of 24.53 and a beta of 0.81. The firm’s 50-day moving average is $8.23 and its two-hundred day moving average is $9.40.
Murata Manufacturing (OTCMKTS:MRAAY – Get Free Report) last released its quarterly earnings results on Friday, November 1st. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.03). Murata Manufacturing had a return on equity of 7.23% and a net margin of 10.80%. The company had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $2.94 billion. Analysts expect that Murata Manufacturing will post 0.54 EPS 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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