Kyocera Co. (OTCMKTS:KYOCY) Sees Large Decline in Short Interest

Kyocera Co. (OTCMKTS:KYOCY - Get Free Report) was the recipient of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 24,800 shares, a decline of 81.7% from the January 15th total of 135,400 shares. Based on an average daily volume of 121,500 shares, the short-interest ratio is presently 0.2 days.

Kyocera Price Performance

Shares of KYOCY stock traded up $0.29 on Friday, reaching $11.41. The company had a trading volume of 32,885 shares, compared to its average volume of 76,564. Kyocera has a one year low of $9.21 and a one year high of $15.29. The business's 50-day moving average is $10.32 and its 200 day moving average is $10.81. The company has a quick ratio of 1.97, a current ratio of 3.20 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $16.07 billion, a PE ratio of 81.50, a price-to-earnings-growth ratio of 2.89 and a beta of 0.28.

Kyocera (OTCMKTS:KYOCY - Get Free Report) last posted its quarterly earnings data on Monday, February 3rd. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.24). Kyocera had a return on equity of 0.82% and a net margin of 1.34%. Equities research analysts forecast that Kyocera will post 0.32 EPS for the current fiscal year.

Kyocera Company Profile

Kyocera Corporation develops, produces, and distributes products based on fine ceramic technologies in Japan, rest of Asia, Europe, the United States, and internationally. It operates through Core Components Business, Electronic Components Business, and Solutions Business segments. The Core Components Business segment offers components, such as fine ceramic components for semiconductor processing equipment, automotive camera modules, and ceramic packages, as well as organic packages and boards to protect electronic components and ICs to industrial machinery, automotive-related, and the information and communication-related markets; optical components, and jewelry and applied ceramic related products; and medical devices comprising prosthetic joints and dental implants.