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

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) was the recipient of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 45,500 shares, a decline of 21.3% from the March 15th total of 57,800 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 683,800 shares, the days-to-cover ratio is currently 0.1 days.

Murata Manufacturing Stock Performance

Shares of OTCMKTS:MRAAY opened at $7.28 on Friday. Murata Manufacturing has a 52-week low of $6.24 and a 52-week high of $12.00. The company has a market capitalization of $28.58 billion, a PE ratio of 20.22 and a beta of 0.87. The company has a fifty day moving average of $8.06 and a 200-day moving average of $8.31.

Murata Manufacturing (OTCMKTS:MRAAY) last announced its quarterly earnings results on Friday, February 7th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). Murata Manufacturing had a net margin of 12.00% and a return on equity of 8.01%. On average, equities analysts forecast that Murata Manufacturing will post 0.41 EPS for the current fiscal year.

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.