Short Interest in Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Rises By 18,680.0%

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

Murata Manufacturing Stock Down 0.1 %

OTCMKTS MRAAY opened at $8.10 on Thursday. The company’s 50 day moving average is $8.04 and its 200-day moving average is $9.15. Murata Manufacturing has a 12-month low of $7.33 and a 12-month high of $12.00. The firm has a market cap of $31.80 billion, a P/E ratio of 24.84 and a beta of 0.81.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.03). Murata Manufacturing had a net margin of 10.80% and a return on equity of 7.23%. The business had revenue of $3.10 billion during the quarter, compared to the consensus estimate of $2.94 billion. Equities analysts expect that Murata Manufacturing 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.