Murata Manufacturing (OTCMKTS:MRAAY) Sets New 1-Year Low – Here’s What Happened

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) shares reached a new 52-week low on Wednesday . The stock traded as low as $8.00 and last traded at $8.29, with a volume of 535044 shares traded. The stock had previously closed at $8.25.

Murata Manufacturing Trading Down 1.5 %

The stock has a market capitalization of $31.64 billion, a P/E ratio of 25.56 and a beta of 0.81. The firm’s fifty day moving average is $8.78 and its 200-day moving average is $9.70.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.03). The firm had revenue of $3.10 billion for the quarter, compared to analyst estimates of $2.94 billion. Murata Manufacturing had a return on equity of 7.23% and a net margin of 10.80%. Equities research analysts expect that Murata Manufacturing Co., Ltd. will post 0.54 EPS for the current 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.