Kyocera Co. (OTCMKTS:KYOCY) Short Interest Down 50.8% in May

Kyocera Co. (OTCMKTS:KYOCY - Get Free Report) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 9,300 shares, a decline of 50.8% from the April 30th total of 18,900 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily volume of 53,700 shares, the days-to-cover ratio is presently 0.2 days.

Kyocera Stock Down 0.3%

Shares of KYOCY traded down $0.04 during trading on Monday, reaching $12.21. The company's stock had a trading volume of 20,410 shares, compared to its average volume of 58,268. The company has a fifty day moving average of $11.77 and a two-hundred day moving average of $11.00. Kyocera has a twelve month low of $9.21 and a twelve month high of $13.18. The company has a market cap of $17.20 billion, a price-to-earnings ratio of 87.21, a P/E/G ratio of 3.05 and a beta of 0.32. The company has a quick ratio of 1.97, a current ratio of 3.20 and a debt-to-equity ratio of 0.06.

Kyocera (OTCMKTS:KYOCY - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by ($0.02). The business had revenue of $3.57 billion during the quarter, compared to analyst estimates of $515.77 billion. Kyocera had a net margin of 1.34% and a return on equity of 0.82%. On average, sell-side analysts predict that Kyocera will post 0.32 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised Kyocera from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd.

Kyocera Company Profile

Kyocera Corporation develops, produces, and distributes products based on fine ceramic technologies in Japan, rest of Asia, Europe, the United States, and internationally. It operates through Core Components Business, Electronic Components Business, and Solutions Business segments. The Core Components Business segment offers components, such as fine ceramic components for semiconductor processing equipment, automotive camera modules, and ceramic packages, as well as organic packages and boards to protect electronic components and ICs to industrial machinery, automotive-related, and the information and communication-related markets; optical components, and jewelry and applied ceramic related products; and medical devices comprising prosthetic joints and dental implants.