Murata Manufacturing (OTCMKTS:MRAAY) Shares Up 2.3% – Still a Buy?

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) shares shot up 2.3% during trading on Wednesday . The company traded as high as $7.98 and last traded at $7.96. 294,952 shares were traded during mid-day trading, a decline of 45% from the average session volume of 540,407 shares. The stock had previously closed at $7.78.

Murata Manufacturing Trading Up 2.3 %

The company has a market cap of $31.25 billion, a PE ratio of 22.11 and a beta of 0.78. The firm has a 50 day moving average of $8.42 and a two-hundred day moving average of $8.56.

Murata Manufacturing (OTCMKTS:MRAAY) last released its 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 return on equity of 8.01% and a net margin of 12.00%. On average, research analysts forecast that Murata Manufacturing Co., Ltd. will post 0.41 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.