Murata Manufacturing (OTCMKTS:MRAAY) Hits New 12-Month Low – Here’s Why

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY)’s share price reached a new 52-week low on Friday . The stock traded as low as $6.64 and last traded at $6.72, with a volume of 589363 shares traded. The stock had previously closed at $7.39.

Murata Manufacturing Stock Performance

The stock has a 50-day moving average of $8.37 and a two-hundred day moving average of $8.53. The company has a market cap of $26.38 billion, a P/E ratio of 18.67 and a beta of 0.87.

Murata Manufacturing (OTCMKTS:MRAAY) last issued its quarterly earnings results on Friday, February 7th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.03). Murata Manufacturing had a net margin of 12.00% and a return on equity of 8.01%. Research analysts predict that Murata Manufacturing Co., Ltd. will post 0.41 EPS for the current 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.