Murata Manufacturing (OTCMKTS:MRAAY) Shares Gap Down – What’s Next?

Murata Manufacturing Inc. (OTCMKTS:MRAAY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $10.78, but opened at $10.23. Murata Manufacturing shares last traded at $10.50, with a volume of 1,175 shares changing hands.

Murata Manufacturing Trading Down 2.0%

The firm has a market cap of $39.00 billion, a P/E ratio of 24.35 and a beta of 0.93. The business’s fifty day simple moving average is $10.07 and its 200-day simple moving average is $8.67.

Murata Manufacturing (OTCMKTS:MRAAY) last announced its quarterly earnings results on Friday, October 31st. The company reported $0.15 earnings per share for the quarter. Murata Manufacturing had a return on equity of 9.16% and a net margin of 13.40%.The company had revenue of $3.30 billion during the quarter. As a group, research analysts expect that Murata Manufacturing Inc. will post 0.41 earnings per share for the current fiscal year.

Murata Manufacturing Company Profile

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.