Kyocera (OTCMKTS:KYOCY) Sees Large Volume Increase - Here's Why

Kyocera Corporation (OTCMKTS:KYOCY - Get Free Report) shares saw strong trading volume on Friday . 215,476 shares traded hands during trading, an increase of 268% from the previous session's volume of 58,541 shares.The stock last traded at $11.94 and had previously closed at $11.87.

Analysts Set New Price Targets

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

Kyocera Stock Performance

The stock has a market cap of $16.78 billion, a P/E ratio of 99.25 and a beta of 0.33. The firm's 50-day moving average is $11.97 and its two-hundred day moving average is $11.25. The company has a quick ratio of 1.86, a current ratio of 2.92 and a debt-to-equity ratio of 0.06.

Kyocera (OTCMKTS:KYOCY - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.02). The business had revenue of $3.57 billion for the quarter, compared to the consensus estimate of $515.77 billion. Kyocera had a net margin of 1.15% and a return on equity of 0.71%. As a group, research analysts expect that Kyocera Corporation will post 0.32 EPS for the current year.

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.

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