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

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

Wall Street Analyst Weigh In

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 Down 0.9%

The firm's fifty day moving average price is $11.81 and its 200-day moving average price is $11.05. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.20 and a quick ratio of 1.97. The firm has a market capitalization of $16.77 billion, a P/E ratio of 85.04, a PEG ratio of 3.05 and a beta of 0.32.

Kyocera (OTCMKTS:KYOCY - Get Free Report) last posted its quarterly earnings data on Wednesday, May 14th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.02). Kyocera had a net margin of 1.34% and a return on equity of 0.82%. The company had revenue of $3.57 billion during the quarter, compared to the consensus estimate of $515.77 billion. As a group, equities research analysts forecast that Kyocera Co. will post 0.32 earnings per share 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.