Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY – Get Free Report) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 77,700 shares, a growth of 1,626.7% from the October 31st total of 4,500 shares. Based on an average daily trading volume, of 880,000 shares, the short-interest ratio is currently 0.1 days.
Murata Manufacturing Trading Down 1.3 %
Shares of MRAAY stock traded down $0.11 on Wednesday, hitting $8.17. The stock had a trading volume of 600,973 shares, compared to its average volume of 513,611. The firm has a market cap of $30.87 billion, a P/E ratio of 25.53 and a beta of 0.84. Murata Manufacturing has a twelve month low of $8.00 and a twelve month high of $12.00. The company has a fifty day moving average price of $9.12 and a two-hundred day moving average price of $9.78.
Murata Manufacturing (OTCMKTS:MRAAY – Get Free Report) last announced its quarterly earnings results on Friday, November 1st. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.03). Murata Manufacturing had a net margin of 10.80% and a return on equity of 7.23%. The company had revenue of $3.10 billion during the quarter, compared to analyst estimates of $2.94 billion. On average, analysts expect 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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