Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Sees Significant Decline in Short Interest

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY - Get Free Report) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totalling 45,500 shares, a decline of 21.3% from the March 15th total of 57,800 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 683,800 shares, the short-interest ratio is currently 0.1 days.

Murata Manufacturing Trading Up 0.1 %

Murata Manufacturing stock traded up $0.01 during midday trading on Wednesday, hitting $7.27. The stock had a trading volume of 417,040 shares, compared to its average volume of 620,692. Murata Manufacturing has a 52-week low of $6.24 and a 52-week high of $12.00. The company has a market capitalization of $28.54 billion, a PE ratio of 20.20 and a beta of 0.87. The firm's fifty day moving average is $7.97 and its two-hundred day moving average is $8.26.

Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last announced its quarterly earnings data on Friday, February 7th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by ($0.03). Murata Manufacturing had a return on equity of 8.01% and a net margin of 12.00%. As a group, equities research analysts predict that Murata Manufacturing will post 0.41 earnings per share for the current fiscal year.

Murata Manufacturing Company Profile

Murata Manufacturing Co, Ltd. designs, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally. The company offers capacitors, inductors, noise suppression products/EMI suppression filters/ESD protection devices, resistors, thermistors, sensors, timing devices, quartz devices, sound components, power products, batteries, micro mechatronics, RFID product, baluns, couplers, filters, phase shifters, RF switches, front-end modules, SAW components, connectors, antennas, connectivity modules, wireless connectivity platforms, ionizers/active oxygen modules, and transformers.