Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Short Interest Update

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 93,900 shares, a growth of 18,680.0% from the December 15th total of 500 shares. Based on an average trading volume of 1,469,000 shares, the short-interest ratio is presently 0.1 days.

Murata Manufacturing Price Performance

MRAAY stock traded down $0.25 during mid-day trading on Wednesday, hitting $7.62. 966,676 shares of the stock were exchanged, compared to its average volume of 765,181. The business has a fifty day moving average price of $8.19 and a 200 day moving average price of $9.37. Murata Manufacturing has a 12 month low of $7.48 and a 12 month high of $12.00. The stock has a market capitalization of $29.92 billion, a price-to-earnings ratio of 23.81 and a beta of 0.81.

Murata Manufacturing (OTCMKTS:MRAAY) last released its earnings results on Friday, November 1st. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.03). Murata Manufacturing had a return on equity of 7.23% and a net margin of 10.80%. The firm had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $2.94 billion. As a group, equities analysts forecast that Murata Manufacturing will post 0.54 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.