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

Murata Manufacturing logo with Industrials background

Key Points

  • Murata Manufacturing's shares gapped up from $8.09 to $8.42 before market opening, but last traded at $8.04 with a trading volume of 8,473 shares.
  • The company has a market capitalization of $30.17 billion and reported $2.88 billion in revenue during its last quarterly earnings.
  • Analysts project that Murata Manufacturing will post 0.41 earnings per share for the current year, following an earnings report of $0.09 EPS for the previous quarter.
  • MarketBeat previews top five stocks to own in October.

Murata Manufacturing Inc. (OTCMKTS:MRAAY - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $8.09, but opened at $8.42. Murata Manufacturing shares last traded at $8.04, with a volume of 8,473 shares trading hands.

Murata Manufacturing Stock Performance

The stock has a market capitalization of $31.36 billion, a PE ratio of 21.59 and a beta of 0.90. The stock's 50 day moving average is $7.73 and its two-hundred day moving average is $7.62.

Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.09 earnings per share for the quarter. 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%. Equities research analysts expect that Murata Manufacturing Inc. will post 0.41 EPS for the current fiscal year.

Murata Manufacturing Company Profile

(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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