Murata Manufacturing (OTCMKTS:MRAAY) Shares Gap Down - What's Next?

Murata Manufacturing Inc. (OTCMKTS:MRAAY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $7.13, but opened at $6.95. Murata Manufacturing shares last traded at $7.12, with a volume of 6,973 shares trading hands.

Murata Manufacturing Trading Down 0.3%

The firm has a market capitalization of $26.89 billion, a PE ratio of 17.61 and a beta of 0.86. The business has a 50-day moving average of $7.22 and a 200 day moving average of $7.67.

Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.06 earnings per share (EPS) for the quarter. Murata Manufacturing had a return on equity of 9.07% and a net margin of 13.41%. The firm had revenue of $2.70 billion during the quarter. On average, sell-side analysts expect that Murata Manufacturing Inc. will post 0.41 EPS for the current fiscal 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.