Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Short Interest Down 81.7% in February

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) was the target of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 48,700 shares, a drop of 81.7% from the February 13th total of 266,300 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 649,100 shares, the short-interest ratio is currently 0.1 days.

Murata Manufacturing Price Performance

MRAAY stock traded up $0.02 on Wednesday, reaching $8.72. 355,560 shares of the company were exchanged, compared to its average volume of 603,938. Murata Manufacturing has a 12 month low of $7.33 and a 12 month high of $12.00. The stock’s fifty day moving average price is $8.30 and its 200 day moving average price is $8.74. The firm has a market capitalization of $34.23 billion, a PE ratio of 24.22 and a beta of 0.78.

Murata Manufacturing (OTCMKTS:MRAAY) last released its earnings results 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, research analysts expect that Murata Manufacturing will post 0.41 EPS for the current fiscal year.

Murata Manufacturing Company Profile

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.