Murata Manufacturing Inc. (OTCMKTS:MRAAY) Short Interest Up 52.4% in July

Murata Manufacturing Inc. (OTCMKTS:MRAAY) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 170,160 shares, a growth of 52.4% from the July 15th total of 111,690 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,541,161 shares, the short-interest ratio is presently 0.1 days.

Murata Manufacturing Stock Performance

Shares of OTCMKTS MRAAY traded down $2.96 during midday trading on Tuesday, hitting $23.07. 205,460 shares of the company traded hands, compared to its average volume of 592,180. Murata Manufacturing has a 12-month low of $7.95 and a 12-month high of $38.72. The firm has a market cap of $84.36 billion, a P/E ratio of 49.09 and a beta of 1.60. The stock has a 50-day moving average price of $28.39 and a 200 day moving average price of $19.93.

Murata Manufacturing (OTCMKTS:MRAAY) last issued its quarterly earnings data on Friday, July 31st. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02. The business had revenue of $3.15 billion during the quarter, compared to analyst estimates of $2.97 billion. Murata Manufacturing had a net margin of 13.86% and a return on equity of 9.94%. Murata Manufacturing has set its FY 2026 guidance at 0.583-0.583 EPS. As a group, equities analysts expect that Murata Manufacturing will post 0.58 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on MRAAY shares. Citigroup upgraded Murata Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th. Zacks Research upgraded shares of Murata Manufacturing to a “hold” rating in a report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Murata Manufacturing has an average rating of “Buy”.

About Murata Manufacturing

Murata Manufacturing Co, Ltd. is a Japan-based manufacturer of electronic components and modules, best known for its development and production of ceramic components. Founded in 1944 by Akira Murata and headquartered in Nagaokakyo, Kyoto Prefecture, the company has grown into a leading global supplier of multilayer ceramic capacitors (MLCCs), ceramic resonators, and a broad range of passive and active electronic parts used across consumer, industrial and automotive electronics.

The company’s product portfolio encompasses passive components (such as capacitors, inductors and filters), sensors and sensing modules, power modules, and RF/wireless communication modules.