Kyocera Co. (OTCMKTS:KYOCY) Short Interest Down 7.5% in October

Kyocera Co. (OTCMKTS:KYOCY - Get Free Report) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 14,900 shares, a decrease of 7.5% from the September 30th total of 16,100 shares. Based on an average daily trading volume, of 82,600 shares, the days-to-cover ratio is currently 0.2 days.

Kyocera Price Performance

Shares of KYOCY stock traded down $0.40 during trading hours on Thursday, hitting $10.12. 158,222 shares of the company's stock were exchanged, compared to its average volume of 125,825. The company has a quick ratio of 1.91, a current ratio of 3.13 and a debt-to-equity ratio of 0.06. The firm has a market cap of $14.26 billion, a P/E ratio of 20.82, a P/E/G ratio of 1.85 and a beta of 0.29. The firm has a 50 day moving average of $11.69 and a two-hundred day moving average of $11.77. Kyocera has a fifty-two week low of $10.06 and a fifty-two week high of $15.63.

Kyocera (OTCMKTS:KYOCY - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.03. The firm had revenue of $3.20 billion during the quarter, compared to analysts' expectations of $3.22 billion. Sell-side analysts forecast that Kyocera will post 0.51 EPS for the current year.

About Kyocera

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.