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

Shares of Murata Manufacturing Inc. (OTCMKTS:MRAAY - Get Free Report) gapped up prior to trading 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 trading hands.

Murata Manufacturing Stock Performance

The company has a market capitalization of $29.05 billion, a PE ratio of 18.05 and a beta of 0.86. The stock's fifty day simple moving average is $7.20 and its 200-day simple moving average is $7.73.

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. The firm had revenue of $2.70 billion for the quarter. Murata Manufacturing had a net margin of 13.41% and a return on equity of 9.07%. On average, equities analysts anticipate that Murata Manufacturing Inc. will post 0.41 EPS 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.