Shares of Kemet Corp. (NYSE:KEM) reached a new 52-week high on Monday . The company traded as high as $3.05 and last traded at $3.01, with a volume of 68,444 shares. The stock had previously closed at $2.94.

KEM has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Kemet Corp. from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 6th. B. Riley initiated coverage on shares of Kemet Corp. in a report on Saturday, May 28th. They set a “buy” rating and a $4.75 target price on the stock.

The stock’s market cap is $146.56 million. The firm has a 50 day moving average price of $2.81 and a 200-day moving average price of $2.18.

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

A hedge fund recently raised its stake in Kemet Corp. stock. Dimensional Fund Advisors LP increased its position in shares of Kemet Corp. (NYSE:KEM) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,078,678 shares of the company’s stock after buying an additional 89,908 shares during the period. Dimensional Fund Advisors LP owned 4.53% of Kemet Corp. worth $4,927,000 as of its most recent filing with the SEC.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.