Kemet Corp. (NYSE:KEM) traded up 5.4% on Friday . The company traded as high as $2.94 and last traded at $2.94, with a volume of 63,376 shares trading hands. The stock had previously closed at $2.79.

A number of equities research analysts recently weighed in on the stock. B. Riley assumed coverage on shares of Kemet Corp. in a report on Monday, May 23rd. They set a “buy” rating and a $4.75 price target for the company. Zacks Investment Research lowered shares of Kemet Corp. from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 10th.

The company’s market capitalization is $135.93 million. The firm has a 50-day moving average of $2.78 and a 200 day moving average of $2.18.

Kemet Corp. (NYSE:KEM) last posted its earnings results on Tuesday, May 3rd. The company reported $0.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by $0.03. The firm had revenue of $183.90 million for the quarter, compared to analyst estimates of $180.81 million. The business’s revenue was down 5.0% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.04) earnings per share. On average, equities research analysts predict that Kemet Corp. will post $0.33 earnings per share for the current year.

A hedge fund recently raised its stake in Kemet Corp. stock. Royce & Associates LLC boosted its stake in Kemet Corp. (NYSE:KEM) by 8.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,685,347 shares of the company’s stock after buying an additional 274,546 shares during the period. Royce & Associates LLC owned approximately 8.04% of Kemet Corp. worth $8,734,000 at the end of the most recent quarter.

KEMET Corporation (KEMET) is a global manufacturer of passive electronic capacitors. The Company operates in two segments: Solid Capacitors and Film and Electrolytic. The Solid Capacitors segment operates in nine manufacturing sites in the United States, Mexico and China. The Solid Capacitors segment primarily produces tantalum, aluminum, polymer and ceramic capacitors, which are sold globally.

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