Kemet Corp. (NYSE:KEM)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $3.36 and last traded at $3.26, with a volume of 65,054 shares traded. The stock had previously closed at $3.30.

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

The stock’s market cap is $154.42 million. The stock has a 50-day moving average price of $2.90 and a 200 day moving average price of $2.21.

Kemet Corp. (NYSE:KEM) last announced its quarterly earnings results on Tuesday, May 3rd. The company reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.07 by $0.03. The business earned $183.90 million during the quarter, compared to analyst estimates of $180.81 million. Kemet Corp.’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.04) earnings per share. On average, equities analysts predict that Kemet Corp. will post $0.33 earnings per share for the current year.

An institutional investor recently raised its position in Kemet Corp. stock. Dimensional Fund Advisors LP increased its position in Kemet Corp. (NYSE:KEM) by 4.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor 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 about 4.53% of Kemet Corp. worth $4,927,000 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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