Murata Manufacturing (OTCMKTS:MRAAY) Posts Earnings Results

Key Points

• Murata Manufacturing reported earnings of $0.09 per share for the quarter, with a net margin of 13.41% and a return on equity of 9.06%.
• After the earnings release, the stock traded down to $7.26, with a market cap of $27.02 billion and a P/E ratio of 17.70.
• The company is known for designing and manufacturing a wide range of ceramic-based passive electronic components and solutions for various applications.

Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) released its quarterly earnings data on Wednesday. The company reported $0.09 earnings per share for the quarter, Zacks reports. The firm had revenue of $2.88 billion for the quarter. Murata Manufacturing had a net margin of 12.51% and a return on equity of 8.51%.

Murata Manufacturing Stock Up 2.0%

OTCMKTS MRAAY traded up $0.15 on Friday, hitting $7.57. The stock had a trading volume of 236,825 shares, compared to its average volume of 346,027. The company's 50-day moving average is $7.29 and its two-hundred day moving average is $7.63. Murata Manufacturing has a one year low of $6.24 and a one year high of $10.81. The stock has a market cap of $28.20 billion, a price-to-earnings ratio of 19.41 and a beta of 0.83.

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.