Murata Manufacturing Inc. (OTCMKTS:MRAAY) Short Interest Update

Murata Manufacturing Inc. (OTCMKTS:MRAAY) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 10,494 shares, a decline of 89.8% from the November 30th total of 102,674 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,265,574 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 1,265,574 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Murata Manufacturing Stock Down 0.9%

MRAAY stock traded down $0.09 during trading on Thursday, hitting $10.14. The company had a trading volume of 136,915 shares, compared to its average volume of 485,845. Murata Manufacturing has a 52-week low of $6.24 and a 52-week high of $11.25. The company has a 50 day simple moving average of $10.21 and a 200-day simple moving average of $8.82. The firm has a market capitalization of $37.08 billion, a P/E ratio of 23.58 and a beta of 0.93.

Murata Manufacturing (OTCMKTS:MRAAY) last issued its earnings results on Friday, October 31st. The company reported $0.15 EPS for the quarter. The business had revenue of $3.30 billion for the quarter. Murata Manufacturing had a net margin of 13.40% and a return on equity of 9.16%. Sell-side analysts forecast that Murata Manufacturing will post 0.41 earnings per share for the current year.

Murata Manufacturing Company Profile

Murata Manufacturing Co, Ltd. is a Japan-based manufacturer of electronic components and modules, best known for its development and production of ceramic components. Founded in 1944 by Akira Murata and headquartered in Nagaokakyo, Kyoto Prefecture, the company has grown into a leading global supplier of multilayer ceramic capacitors (MLCCs), ceramic resonators, and a broad range of passive and active electronic parts used across consumer, industrial and automotive electronics.

The company’s product portfolio encompasses passive components (such as capacitors, inductors and filters), sensors and sensing modules, power modules, and RF/wireless communication modules.