Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Short Interest Down 69.0% in January

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) was the target of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 56,700 shares, a decline of 69.0% from the January 15th total of 183,100 shares. Based on an average daily volume of 1,447,800 shares, the short-interest ratio is presently 0.0 days.

Murata Manufacturing Trading Down 0.2 %

Shares of Murata Manufacturing stock traded down $0.02 during trading hours on Wednesday, hitting $8.70. 485,906 shares of the company were exchanged, compared to its average volume of 779,258. The business has a 50-day moving average of $8.02 and a 200-day moving average of $8.92. Murata Manufacturing has a 1 year low of $7.33 and a 1 year high of $12.00. The stock has a market capitalization of $34.16 billion, a price-to-earnings ratio of 24.17 and a beta of 0.80.

Murata Manufacturing (OTCMKTS:MRAAY) last announced its quarterly earnings data on Friday, February 7th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). Murata Manufacturing had a return on equity of 8.01% and a net margin of 12.00%. As a group, research analysts anticipate that Murata Manufacturing will post 0.54 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. 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.