Shares of Kemet Corp. (NYSE:KEM) traded up 1.8% during mid-day trading on Monday . The company traded as high as $3.45 and last traded at $3.42, with a volume of 55,446 shares trading hands. The stock had previously closed at $3.36.

KEM has been the topic of several recent analyst reports. B. Riley reaffirmed a “buy” rating and issued a $4.75 price target on shares of Kemet Corp. in a research note on Sunday, July 31st. Zacks Investment Research raised Kemet Corp. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 6th. Finally, TheStreet raised Kemet Corp. from a “sell” rating to a “hold” rating in a research note on Friday, July 29th.

The company’s market cap is $157.21 million. The company’s 50 day moving average is $3.30 and its 200 day moving average is $2.50.

Kemet Corp. (NYSE:KEM) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.05 by $0.01. During the same period last year, the company posted $0.01 earnings per share. The company had revenue of $184.90 million for the quarter, compared to analyst estimates of $183.13 million. The business’s revenue for the quarter was down 1.4% on a year-over-year basis. On average, equities research analysts forecast that Kemet Corp. will post $0.29 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 disclosure 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 4.53% of Kemet Corp. worth $4,927,000 at the end of the most recent reporting period.

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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