Murata Manufacturing (OTCMKTS:MRAAY) Sees Large Volume Increase – Should You Buy?

Murata Manufacturing Inc. (OTCMKTS:MRAAY) saw an uptick in trading volume on Thursday . Approximately 584,320 shares were traded during mid-day trading, a decline of 3% from the previous session’s volume of 602,378 shares.The stock last traded at $24.5685 and had previously closed at $25.10.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Sanford C. Bernstein started coverage on Murata Manufacturing in a report on Tuesday, September 15th. They set an “outperform” rating on the stock. Citigroup upgraded Murata Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy”.

Murata Manufacturing Trading Down 2.5%

The firm’s 50-day moving average price is $23.62 and its 200-day moving average price is $22.20. The stock has a market capitalization of $89.46 billion, a PE ratio of 52.05 and a beta of 1.60.

Murata Manufacturing (OTCMKTS:MRAAY) last issued its quarterly earnings results on Friday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The company had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $2.97 billion. Murata Manufacturing had a return on equity of 9.84% and a net margin of 13.86%.Murata Manufacturing has set its FY 2026 guidance at 0.583-0.583 EPS. On average, equities research analysts predict that Murata Manufacturing Inc. will post 0.69 earnings per share for the current fiscal year.

About Murata Manufacturing

Murata Manufacturing Co, Ltd. is a Japan-based electronics component manufacturer headquartered in Kyoto. The company develops and produces components and solutions used in smartphones, computers, automobiles, industrial equipment, healthcare devices and other electronic products.

Its product portfolio includes multilayer ceramic capacitors, inductors, filters, timing devices, sensors, radio-frequency components, communication modules and power-related products. Murata also provides batteries and electronic modules designed for applications such as wireless connectivity, automotive systems and factory automation.

Founded in 1944 by Akira Murata and incorporated as Murata Manufacturing Co, Ltd.