Short Interest in Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Rises By 18,680.0%

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 93,900 shares, an increase of 18,680.0% from the December 31st total of 500 shares. Based on an average trading volume of 1,469,000 shares, the short-interest ratio is currently 0.1 days.

Murata Manufacturing Price Performance

OTCMKTS:MRAAY opened at $8.10 on Thursday. The firm has a 50-day moving average of $8.04 and a 200-day moving average of $9.15. The company has a market cap of $31.80 billion, a PE ratio of 24.84 and a beta of 0.81. Murata Manufacturing has a one year low of $7.33 and a one year high of $12.00.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its earnings results on Friday, November 1st. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.03). The business had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $2.94 billion. Murata Manufacturing had a return on equity of 7.23% and a net margin of 10.80%. On average, equities research analysts expect that Murata Manufacturing will post 0.54 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.