Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Short Interest Down 81.7% in February

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 48,700 shares, a drop of 81.7% from the February 13th total of 266,300 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 649,100 shares, the days-to-cover ratio is presently 0.1 days.

Murata Manufacturing Stock Down 4.2 %

Shares of OTCMKTS MRAAY traded down $0.37 during midday trading on Thursday, hitting $8.43. The stock had a trading volume of 187,288 shares, compared to its average volume of 593,455. The company has a fifty day moving average price of $8.32 and a 200 day moving average price of $8.74. The company has a market capitalization of $33.10 billion, a price-to-earnings ratio of 23.42 and a beta of 0.78. Murata Manufacturing has a 1-year low of $7.33 and a 1-year high of $12.00.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its 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%. On average, research analysts forecast that Murata Manufacturing 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.