Murata Manufacturing (OTCMKTS:MRAAY) Reaches New 52-Week High - Here's Why

Key Points

• Murata Manufacturing reached a new 52-week high, trading at $9.99 during mid-day on Wednesday, before closing at $9.61 with a trading volume of 6,197 shares.
• The company reported $2.88 billion in revenue for the last quarter, with earnings per share (EPS) of $0.09 and a net margin of 12.51%.
• Murata Manufacturing has a market cap of $35.60 billion and a P/E ratio of 24.50, indicating robust investment interest and potential growth.

Murata Manufacturing Inc. (OTCMKTS:MRAAY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $9.99 and last traded at $9.61, with a volume of 6197 shares traded. The stock had previously closed at $9.57.

Murata Manufacturing Trading Down 0.1%

The firm has a market cap of $35.60 billion, a P/E ratio of 24.50 and a beta of 0.99. The company's 50 day simple moving average is $8.82 and its 200-day simple moving average is $7.79.

Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.09 earnings per share (EPS) for the quarter. Murata Manufacturing had a net margin of 12.51% and a return on equity of 8.51%. The business had revenue of $2.88 billion for the quarter. On average, sell-side analysts anticipate that Murata Manufacturing Inc. will post 0.41 earnings per share for the current 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.

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