Murata Manufacturing (OTCMKTS:MRAAY) Announces Earnings Results, Misses Expectations By $0.03 EPS

Murata Manufacturing (OTCMKTS:MRAAY) issued its earnings results on Friday. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03), Zacks reports. Murata Manufacturing had a return on equity of 8.01% and a net margin of 12.00%.

Murata Manufacturing Price Performance

Murata Manufacturing stock opened at $8.21 on Friday. The business has a 50 day moving average of $8.01 and a 200-day moving average of $8.98. Murata Manufacturing has a 1 year low of $7.33 and a 1 year high of $12.00. The company has a market capitalization of $32.23 billion, a P/E ratio of 22.81 and a beta of 0.80.

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.