Murata Manufacturing (OTCMKTS:MRAAY) Hits New 52-Week Low - Should You Sell?

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY - Get Free Report) shares reached a new 52-week low during trading on Thursday . The company traded as low as $7.48 and last traded at $8.00, with a volume of 428276 shares. The stock had previously closed at $7.99.

Murata Manufacturing Stock Up 0.1 %

The company has a market cap of $31.41 billion, a price-to-earnings ratio of 25.00 and a beta of 0.81. The company has a fifty day simple moving average of $8.33 and a two-hundred day simple moving average of $9.51.

Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last posted its earnings results on Friday, November 1st. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.03). The business had revenue of $3.10 billion for 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, research analysts predict that Murata Manufacturing Co., Ltd. will post 0.54 EPS 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.