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

Several research analysts have issued reports on KEM shares. 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 started coverage on shares of Kemet Corp. in a report on Saturday, May 28th. They issued a “buy” rating and a $4.75 target price for the company.

The stock’s market capitalization is $154.19 million. The stock has a 50-day moving average of $2.88 and a 200 day moving average of $2.20.

Kemet Corp. (NYSE:KEM) last posted its quarterly earnings results 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. During the same quarter in the previous year, the company earned ($0.04) earnings per share. The company had revenue of $183.90 million for the quarter, compared to the consensus estimate of $180.81 million. Kemet Corp.’s revenue for the quarter was down 5.0% compared to the same quarter last year. Equities analysts predict that Kemet Corp. will post $0.33 EPS for the current fiscal year.

An institutional investor recently raised its position in Kemet Corp. stock. Dimensional Fund Advisors LP increased its stake in 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 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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