Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Short Interest Down 81.7% in February

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAYGet Free Report) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 48,700 shares, a decrease of 81.7% from the February 13th total of 266,300 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 649,100 shares, the short-interest ratio is presently 0.1 days.

Murata Manufacturing Trading Down 4.2 %

MRAAY traded down $0.37 on Thursday, hitting $8.43. 187,288 shares of the company’s stock were exchanged, compared to its average volume of 593,455. The stock has a fifty day moving average of $8.32 and a two-hundred day moving average of $8.74. Murata Manufacturing has a twelve month low of $7.33 and a twelve month high of $12.00. The firm has a market cap of $33.10 billion, a PE ratio of 23.42 and a beta of 0.78.

Murata Manufacturing (OTCMKTS:MRAAYGet Free Report) last announced its quarterly earnings results on Friday, February 7th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.03). Murata Manufacturing had a return on equity of 8.01% and a net margin of 12.00%. On average, analysts predict that Murata Manufacturing will post 0.41 EPS for the current year.

Murata Manufacturing Company Profile

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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.

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