Murata Manufacturing (OTCMKTS:MRAAY) Sets New 52-Week High at $11.07

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $11.07 and last traded at $11.04, with a volume of 742160 shares changing hands. The stock had previously closed at $10.41.

Murata Manufacturing Trading Up 6.1 %

The firm’s 50-day moving average price is $9.58 and its 200 day moving average price is $9.72. The company has a market cap of $41.71 billion, a price-to-earnings ratio of 31.23 and a beta of 0.86.

Murata Manufacturing (OTCMKTS:MRAAY) last issued its earnings results on Friday, April 26th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.08). Murata Manufacturing had a net margin of 11.12% and a return on equity of 7.24%. The firm had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.44 billion. Analysts forecast that Murata Manufacturing Co., Ltd. will post 0.45 earnings per share 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. It operates through Components, Devices and Modules, and Others segments. 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.