Murata Manufacturing (OTCMKTS:MRAAY) Sees Strong Trading Volume – Here’s Why

by · The Markets Daily

Shares of Murata Manufacturing Inc. (OTCMKTS:MRAAY – Get Free Report) saw strong trading volume on Wednesday . 841,488 shares were traded during trading, an increase of 62% from the previous session’s volume of 520,305 shares.The stock last traded at $10.7750 and had previously closed at $10.80.

Murata Manufacturing Price Performance

The company has a 50 day moving average of $9.99 and a two-hundred day moving average of $8.59. The company has a market capitalization of $40.19 billion, a PE ratio of 25.09 and a beta of 0.93.

Murata Manufacturing (OTCMKTS:MRAAY – Get Free Report) last announced its earnings results on Friday, October 31st. The company reported $0.15 earnings per share for the quarter. The business had revenue of $3.30 billion during the quarter. Murata Manufacturing had a net margin of 13.40% and a return on equity of 9.16%. On average, equities analysts anticipate that Murata Manufacturing Inc. will post 0.41 EPS for the current year.

About Murata Manufacturing

(Get Free Report)

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.

Featured Stories