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Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Sees Large Decrease in Short Interest

Murata Manufacturing logo with Industrials background

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

Murata Manufacturing Price Performance

Shares of OTCMKTS MRAAY traded down $0.26 during mid-day trading on Friday, hitting $7.22. 412,622 shares of the stock traded hands, compared to its average volume of 654,878. The company has a market cap of $28.35 billion, a PE ratio of 20.06 and a beta of 0.86. Murata Manufacturing has a twelve month low of $6.24 and a twelve month high of $12.00. The firm has a 50 day simple moving average of $7.14 and a two-hundred day simple moving average of $7.82.

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

About Murata Manufacturing

(Get Free Report)

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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