Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Short Interest Update

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY - Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 8,300 shares, a decrease of 90.8% from the May 15th total of 90,600 shares. Based on an average daily volume of 836,800 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Murata Manufacturing Stock Up 2.3%

Shares of OTCMKTS MRAAY traded up $0.17 during trading hours on Thursday, reaching $7.50. 1,288,627 shares of the stock traded hands, compared to its average volume of 652,055. The company's 50-day simple moving average is $7.11 and its two-hundred day simple moving average is $7.83. The company has a market capitalization of $29.45 billion, a P/E ratio of 20.83 and a beta of 0.86. Murata Manufacturing has a 52-week low of $6.24 and a 52-week high of $12.00.

Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.06 EPS for the quarter. Murata Manufacturing had a net margin of 12.00% and a return on equity of 8.01%. The firm had revenue of $2.70 billion for the quarter. As a group, sell-side analysts forecast that Murata Manufacturing will post 0.41 earnings per share for the current fiscal year.

About Murata Manufacturing

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.