Kyocera (OTCMKTS:KYOCY) Reaches New 12-Month High – Time to Buy?

by · The Cerbat Gem

Shares of Kyocera Corporation (OTCMKTS:KYOCY – Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as $14.74 and last traded at $14.32, with a volume of 14683 shares trading hands. The stock had previously closed at $14.08.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of Kyocera from a “strong-buy” rating to a “hold” rating in a report on Friday, October 17th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Kyocera presently has a consensus rating of “Hold”.

View Our Latest Analysis on Kyocera

Kyocera Stock Performance

The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.14 and a current ratio of 3.20. The firm has a market capitalization of $20.05 billion, a price-to-earnings ratio of 64.71 and a beta of 0.32. The stock’s fifty day moving average is $13.48 and its two-hundred day moving average is $12.81.

Kyocera (OTCMKTS:KYOCY – Get Free Report) last announced its earnings results on Thursday, October 30th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.34 billion. Kyocera had a return on equity of 1.37% and a net margin of 2.25%. Analysts forecast that Kyocera Corporation will post 0.32 earnings per share for the current year.

About Kyocera

(Get Free Report)

Kyocera Corporation develops, produces, and distributes products based on fine ceramic technologies in Japan, rest of Asia, Europe, the United States, and internationally. It operates through Core Components Business, Electronic Components Business, and Solutions Business segments. The Core Components Business segment offers components, such as fine ceramic components for semiconductor processing equipment, automotive camera modules, and ceramic packages, as well as organic packages and boards to protect electronic components and ICs to industrial machinery, automotive-related, and the information and communication-related markets; optical components, and jewelry and applied ceramic related products; and medical devices comprising prosthetic joints and dental implants.

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