Murata Manufacturing (OTCMKTS:MRAAY) Sets New 1-Year Low – Time to Sell?

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) reached a new 52-week low during trading on Friday . The company traded as low as $8.25 and last traded at $8.53, with a volume of 459316 shares changing hands. The stock had previously closed at $8.75.

Murata Manufacturing Trading Down 2.5 %

The stock has a market capitalization of $32.23 billion, a P/E ratio of 25.00 and a beta of 0.83. The business has a 50-day moving average price of $9.60 and a 200 day moving average price of $9.83.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its earnings results on Tuesday, July 30th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The firm had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.63 billion. Murata Manufacturing had a return on equity of 7.72% and a net margin of 11.62%. On average, sell-side analysts predict that Murata Manufacturing Co., Ltd. will post 0.52 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.