Kemet Corp. (NYSE:KEM)’s share price dropped 1.2% on Tuesday . The stock traded as low as $3.34 and last traded at $3.36, with a volume of 67,252 shares changing hands. The stock had previously closed at $3.40.

KEM has been the topic of several research analyst reports. Zacks Investment Research cut Kemet Corp. from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 10th. TheStreet raised Kemet Corp. from a “sell” rating to a “hold” rating in a research note on Friday, July 29th. Finally, B. Riley started coverage on Kemet Corp. in a research note on Saturday, May 28th. They issued a “buy” rating and a $4.75 price target for the company.

The company’s 50 day moving average is $3.30 and its 200 day moving average is $2.52. The stock’s market capitalization is $155.36 million.

Kemet Corp. (NYSE:KEM) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. The firm had revenue of $184.90 million for the quarter, compared to analyst estimates of $183.13 million. The company’s revenue was down 1.4% compared to the same quarter last year. During the same period last year, the company earned $0.01 EPS. Equities analysts expect 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 increased its stake 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 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 approximately 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.