Murata Manufacturing (OTCMKTS:MRAAY) Shares Gap Down – What’s Next?
by Tristan Rich · The Markets DailyShares of Murata Manufacturing Inc. (OTCMKTS:MRAAY – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $11.31, but opened at $11.03. Murata Manufacturing shares last traded at $11.44, with a volume of 15,290 shares.
Murata Manufacturing Stock Up 1.2%
The firm has a fifty day simple moving average of $11.11 and a 200-day simple moving average of $10.22. The company has a market capitalization of $41.87 billion, a P/E ratio of 32.71 and a beta of 0.90.
Murata Manufacturing (OTCMKTS:MRAAY – Get Free Report) last released its quarterly earnings data on Monday, February 2nd. The company reported $0.05 earnings per share for the quarter. Murata Manufacturing had a return on equity of 7.42% and a net margin of 10.74%.The business had revenue of $3.03 billion for the quarter. Murata Manufacturing has set its FY 2025 guidance at 0.392-0.392 EPS. On average, sell-side analysts predict that Murata Manufacturing Inc. will post 0.41 earnings per share for the current fiscal year.
Murata Manufacturing Company Profile
Murata Manufacturing Co, Ltd. is a Japan-based manufacturer of electronic components and modules, best known for its development and production of ceramic components. Founded in 1944 by Akira Murata and headquartered in Nagaokakyo, Kyoto Prefecture, the company has grown into a leading global supplier of multilayer ceramic capacitors (MLCCs), ceramic resonators, and a broad range of passive and active electronic parts used across consumer, industrial and automotive electronics.
The company’s product portfolio encompasses passive components (such as capacitors, inductors and filters), sensors and sensing modules, power modules, and RF/wireless communication modules.