Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Sees Significant Increase in Short Interest

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

Murata Manufacturing Trading Down 0.1 %

MRAAY traded down $0.01 on Monday, hitting $7.84. The company had a trading volume of 704,300 shares, compared to its average volume of 735,671. The company's fifty day moving average price is $8.21 and its 200 day moving average price is $9.39. Murata Manufacturing has a 1 year low of $7.48 and a 1 year high of $12.00. The firm has a market cap of $30.78 billion, a P/E ratio of 24.50 and a beta of 0.81.

Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last released its quarterly earnings results on Friday, November 1st. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.03). The company had revenue of $3.10 billion during the quarter, compared to analysts' expectations of $2.94 billion. Murata Manufacturing had a net margin of 10.80% and a return on equity of 7.23%. On average, analysts predict that Murata Manufacturing will post 0.54 earnings per share 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.