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

Several research analysts have recently commented on the company. B. Riley assumed coverage on Kemet Corp. in a research report on Monday, May 23rd. They set a “buy” rating and a $4.75 price target for the company. Zacks Investment Research lowered 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 stock’s 50-day moving average price is $2.76 and its 200-day moving average price is $2.18.

Kemet Corp. (NYSE:KEM) last issued its quarterly 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. During the same period in the previous year, the business earned ($0.04) EPS. The business earned $183.90 million during the quarter, compared to the consensus estimate of $180.81 million. The business’s revenue was down 5.0% compared to the same quarter last year. Equities research analysts anticipate that Kemet Corp. will post $0.33 EPS for the current year.

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