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Murata Manufacturing (OTCMKTS:MRAAY) Shares Gap Up - Should You Buy?

Murata Manufacturing logo with Industrials background

Murata Manufacturing Inc. (OTCMKTS:MRAAY - Get Free Report)'s share price gapped up before the market opened on Friday . The stock had previously closed at $7.34, but opened at $7.72. Murata Manufacturing shares last traded at $7.50, with a volume of 23,076 shares traded.

Murata Manufacturing Trading Up 2.6%

The firm's 50-day moving average price is $7.20 and its 200 day moving average price is $7.75. The company has a market cap of $29.56 billion, a price-to-earnings ratio of 18.37 and a beta of 0.86.

Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.06 earnings per share for the quarter. The firm had revenue of $2.70 billion during the quarter. Murata Manufacturing had a net margin of 13.41% and a return on equity of 9.07%. Analysts forecast that Murata Manufacturing Inc. 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.

Further Reading

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