Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Short Interest Update

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 266,300 shares, a growth of 369.7% from the January 31st total of 56,700 shares. Based on an average daily trading volume, of 1,366,200 shares, the days-to-cover ratio is presently 0.2 days.

Murata Manufacturing Price Performance

Murata Manufacturing stock traded down $0.23 during midday trading on Thursday, reaching $8.63. The company’s stock had a trading volume of 249,087 shares, compared to its average volume of 656,318. The stock’s 50-day simple moving average is $8.18 and its 200-day simple moving average is $8.83. Murata Manufacturing has a 52-week low of $7.33 and a 52-week high of $12.00. The stock has a market capitalization of $33.88 billion, a P/E ratio of 23.97 and a beta of 0.80.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its earnings results on Friday, February 7th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.03). Murata Manufacturing had a return on equity of 8.01% and a net margin of 12.00%. As a group, equities research analysts expect that Murata Manufacturing 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.