Shares of Kemet Corp. (NYSE:KEM) fell 1.8% during mid-day trading on Thursday . The company traded as low as $3.26 and last traded at $3.32, with a volume of 91,321 shares traded. The stock had previously closed at $3.38.

A number of research firms recently issued reports on KEM. TheStreet upgraded shares of Kemet Corp. from a “sell” rating to a “hold” rating in a report on Friday, July 29th. B. Riley reiterated a “buy” rating and issued a $4.75 target price on shares of Kemet Corp. in a research note on Sunday, July 31st. Finally, Zacks Investment Research upgraded shares of Kemet Corp. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 6th.

The firm’s market capitalization is $153.04 million. The firm has a 50-day moving average of $3.19 and a 200-day moving average of $2.40.

Kemet Corp. (NYSE:KEM) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.01. During the same quarter in the previous year, the firm earned $0.01 EPS. The firm earned $184.90 million during the quarter, compared to the consensus estimate of $183.13 million. The business’s revenue for the quarter was down 1.4% on a year-over-year basis. Analysts expect that Kemet Corp. will post $0.29 EPS for the current fiscal year.

An institutional investor recently raised its position in Kemet Corp. stock. Dimensional Fund Advisors LP boosted its position in Kemet Corp. (NYSE:KEM) by 4.5% during the fourth quarter, according to its most recent filing with the SEC. The firm 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 manufacturer of passive electronic components. The Company operates in two segments: Solid Capacitors, and Film and Electrolytic. The Solid Capacitors segment primarily produces tantalum, aluminum, polymer and ceramic capacitors. Solid Capacitors also produces tantalum powder used in the production of tantalum capacitors.

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