Kemet Corp. (NYSE:KEM) shares fell 7.5% during mid-day trading on Thursday . The company traded as low as $3.31 and last traded at $3.34, with a volume of 94,843 shares trading hands. The stock had previously closed at $3.61.

A number of research firms have issued reports on KEM. B. Riley restated a “buy” rating and issued a $4.75 target price on shares of Kemet Corp. in a report on Tuesday. Zacks Investment Research lowered shares of Kemet Corp. from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 10th.

The stock’s market cap is $159.05 million. The stock’s 50-day moving average price is $3.05 and its 200-day moving average price is $2.29.

Kemet Corp. (NYSE:KEM) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. The company had revenue of $184.90 million for the quarter, compared to the consensus estimate of $183.13 million. During the same quarter in the prior year, the firm earned $0.01 earnings per share. Kemet Corp.’s revenue for the quarter was down 1.4% compared to the same quarter last year. Equities research 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 shares of Kemet Corp. (NYSE:KEM) by 4.5% during the fourth quarter, according to its most recent 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 as of its most recent SEC filing.

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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