Short Interest in Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Expands By 545.5%

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) saw a significant growth in short interest in June. As of June 30th, there was short interest totalling 134,900 shares, a growth of 545.5% from the June 15th total of 20,900 shares. Based on an average daily trading volume, of 774,800 shares, the short-interest ratio is currently 0.2 days.

Murata Manufacturing Stock Up 0.1 %

Murata Manufacturing stock traded up $0.01 during midday trading on Thursday, reaching $11.33. 883,308 shares of the stock traded hands, compared to its average volume of 299,540. Murata Manufacturing has a 12 month low of $8.08 and a 12 month high of $11.61. The stock’s fifty day moving average is $9.83 and its 200-day moving average is $9.77. The stock has a market cap of $42.79 billion, a P/E ratio of 34.27 and a beta of 0.86.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its earnings results on Friday, April 26th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.08). The business had revenue of $2.63 billion during the quarter, compared to analysts’ expectations of $2.44 billion. Murata Manufacturing had a net margin of 11.12% and a return on equity of 7.24%. On average, equities analysts predict that Murata Manufacturing will post 0.45 EPS for the current fiscal year.

About Murata Manufacturing

Murata Manufacturing Co, Ltd. designs, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally. It operates through Components, Devices and Modules, and Others segments. 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.