Kyocera Corporation (OTCMKTS:KYOCY) Sees Large Increase in Short Interest

Kyocera Corporation (OTCMKTS:KYOCY) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 155,087 shares, a growth of 109.5% from the May 14th total of 74,036 shares. Based on an average trading volume of 355,437 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

Kyocera Price Performance

KYOCY stock remained flat at $24.59 during trading on Friday. The firm has a market capitalization of $33.18 billion, a PE ratio of 36.70 and a beta of 0.56. The firm has a 50 day moving average price of $19.05 and a two-hundred day moving average price of $16.59. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.91 and a current ratio of 3.08. Kyocera has a one year low of $10.58 and a one year high of $24.98.

Kyocera (OTCMKTS:KYOCY) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.09. The company had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.21 billion. Kyocera had a net margin of 6.78% and a return on equity of 4.17%. Kyocera has set its FY 2027 guidance at 0.660-0.660 EPS. As a group, sell-side analysts predict that Kyocera will post 0.66 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of Kyocera from a “buy” rating to a “hold” rating in a report on Monday, February 16th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

Kyocera Company Profile

Kyocera Corporation (OTCMKTS: KYOCY) is a Japanese multinational manufacturer known for its development and production of advanced ceramics and diversified electronic components. Founded in 1959 by Kazuo Inamori as Kyoto Ceramic Co, Ltd., the company has grown into a broad industrial group with roots in fine ceramic materials and a long-standing emphasis on materials science and precision manufacturing. Kyocera is headquartered in Kyoto, Japan, and operates through a network of subsidiaries and business units serving global markets.

The company’s principal activities include the manufacture of fine ceramics, industrial and engineering ceramics, and a wide array of electronic components such as capacitors, connectors, and semiconductor packaging.