Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY – Get Free Report) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 47,000 shares, an increase of 1,520.7% from the March 31st total of 2,900 shares. Based on an average daily volume of 624,300 shares, the days-to-cover ratio is currently 0.1 days.
Murata Manufacturing Stock Up 0.1 %
OTCMKTS MRAAY traded up $0.01 during trading on Thursday, reaching $9.04. 358,971 shares of the stock traded hands, compared to its average volume of 271,666. The firm has a market cap of $36.66 billion, a price-to-earnings ratio of 22.05 and a beta of 0.88. The stock’s 50-day moving average price is $9.45 and its 200 day moving average price is $9.63. Murata Manufacturing has a fifty-two week low of $8.08 and a fifty-two week high of $10.76.
Murata Manufacturing (OTCMKTS:MRAAY – Get Free Report) last issued its quarterly earnings data on Friday, February 2nd. The company reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $2.98 billion during the quarter. Murata Manufacturing had a net margin of 13.53% and a return on equity of 8.80%. Analysts anticipate that Murata Manufacturing will post 0.4 EPS 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.
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