Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Sees Significant Growth in Short Interest

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

Murata Manufacturing Stock Up 1.8 %

OTCMKTS MRAAY opened at $8.11 on Wednesday. The company has a market cap of $31.84 billion, a PE ratio of 25.34 and a beta of 0.81. The firm’s 50-day simple moving average is $8.04 and its two-hundred day simple moving average is $9.17. Murata Manufacturing has a 52 week low of $7.33 and a 52 week high of $12.00.

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