Kemet Corp. (NYSE:KEM) shares hit a new 52-week high on Monday . The company traded as high as $3.40 and last traded at $3.40, with a volume of 72,719 shares trading hands. The stock had previously closed at $3.39.

A number of research analysts recently weighed in on KEM shares. Zacks Investment Research lowered shares of Kemet Corp. from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 10th. B. Riley started coverage on shares of Kemet Corp. in a research note on Saturday, May 28th. They issued a “buy” rating and a $4.75 price target on the stock.

The firm’s market capitalization is $157.66 million. The company’s 50 day moving average price is $3.00 and its 200-day moving average price is $2.26.

Kemet Corp. (NYSE:KEM) last posted its quarterly earnings data on Tuesday, May 3rd. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by $0.03. The business had revenue of $183.90 million for the quarter, compared to the consensus estimate of $180.81 million. The business’s revenue for the quarter was down 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.04) EPS. Analysts expect 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 raised 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 (SEC). 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 about 4.53% of Kemet Corp. worth $4,927,000 at the end of the most recent reporting period.

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.