Murata Manufacturing (OTCMKTS:MRAAY) Reaches New 12-Month Low – Should You Sell?

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as $7.77 and last traded at $7.93, with a volume of 603479 shares. The stock had previously closed at $7.97.

Murata Manufacturing Stock Down 1.9 %

The stock has a market capitalization of $30.09 billion, a P/E ratio of 23.95 and a beta of 0.81. The company has a fifty day simple moving average of $8.61 and a two-hundred day simple moving average of $9.64.

Murata Manufacturing (OTCMKTS:MRAAY) last released its quarterly earnings results on Friday, November 1st. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.03). Murata Manufacturing had a return on equity of 7.23% and a net margin of 10.80%. The business had revenue of $3.10 billion for the quarter, compared to analyst estimates of $2.94 billion. As a group, equities analysts forecast that Murata Manufacturing Co., Ltd. will post 0.54 earnings per share for the current year.

About Murata Manufacturing

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.