Kyocera (OTCMKTS:KYOCY) Stock Price Down 0.3% - Here's What Happened

Kyocera Co. (OTCMKTS:KYOCY - Get Free Report) shares traded down 0.3% during mid-day trading on Monday . The company traded as low as $12.15 and last traded at $12.21. 20,410 shares were traded during trading, a decline of 65% from the average session volume of 58,268 shares. The stock had previously closed at $12.25.

Analyst Ratings Changes

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

Kyocera Price Performance

The company has a market capitalization of $16.85 billion, a price-to-earnings ratio of 85.46, a P/E/G ratio of 3.05 and a beta of 0.32. The company has a fifty day simple moving average of $11.78 and a two-hundred day simple moving average of $11.02. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.97 and a current ratio of 3.20.

Kyocera (OTCMKTS:KYOCY - Get Free Report) last released its earnings results 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). Kyocera had a return on equity of 0.82% and a net margin of 1.34%. The business had revenue of $3.57 billion for the quarter, compared to analysts' expectations of $515.77 billion. As a group, research analysts anticipate that Kyocera Co. will post 0.32 earnings per share for the current year.

About Kyocera

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.