Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY - Get Free Report) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 6,500 shares, a drop of 85.7% from the March 31st total of 45,500 shares. Based on an average daily volume of 2,152,600 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.
Murata Manufacturing Stock Performance
Shares of OTCMKTS MRAAY traded down $0.61 during mid-day trading on Wednesday, hitting $7.05. 2,378,193 shares of the stock were exchanged, compared to its average volume of 653,492. The stock's fifty day simple moving average is $7.83 and its two-hundred day simple moving average is $8.19. Murata Manufacturing has a twelve month low of $6.24 and a twelve month high of $12.00. The company has a market cap of $27.68 billion, a P/E ratio of 19.58 and a beta of 0.87.
Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.06 EPS for the quarter. 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
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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.
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