Kyocera (OTCMKTS:KYOCY) Sees Large Volume Increase – Should You Buy?

Shares of Kyocera Corporation (OTCMKTS:KYOCY) saw an uptick in trading volume on Thursday . 45,101 shares changed hands during mid-day trading, a decline of 2% from the previous session’s volume of 45,896 shares.The stock last traded at $13.00 and had previously closed at $13.1030.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered Kyocera from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 17th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Kyocera Stock Performance

The firm’s 50 day moving average price is $13.62 and its 200-day moving average price is $12.61. The firm has a market capitalization of $19.14 billion, a PE ratio of 104.50 and a beta of 0.32. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.11 and a current ratio of 3.10.

Kyocera (OTCMKTS:KYOCY) last issued its earnings results on Thursday, October 30th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. Kyocera had a return on equity of 0.79% and a net margin of 1.30%.The business had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.34 billion. On average, research analysts expect that Kyocera Corporation will post 0.32 EPS for the current year.

Kyocera Company Profile

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.