Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY – Get Free Report) saw a large decrease in short interest during the month of February. As of February 29th, there was short interest totalling 84,600 shares, a decrease of 36.2% from the February 14th total of 132,600 shares. Based on an average daily volume of 338,600 shares, the days-to-cover ratio is currently 0.2 days.
Murata Manufacturing Stock Up 0.7 %
Shares of OTCMKTS MRAAY opened at $9.61 on Wednesday. The firm has a market cap of $38.97 billion, a PE ratio of 23.27 and a beta of 0.89. Murata Manufacturing has a 12-month low of $8.08 and a 12-month high of $10.76. The company’s fifty day simple moving average is $10.06 and its 200 day simple moving average is $9.67.
Murata Manufacturing (OTCMKTS:MRAAY – Get Free Report) last released its quarterly earnings data on Friday, February 2nd. The company reported $0.09 earnings per share for the quarter. Murata Manufacturing had a net margin of 13.53% and a return on equity of 8.80%. The firm had revenue of $2.98 billion for the quarter.
About Murata Manufacturing
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.
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