Kyocera (OTCMKTS:KYOCY) Shares Gap Down – Here’s Why

Kyocera Corporation (OTCMKTS:KYOCY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $17.60, but opened at $16.75. Kyocera shares last traded at $16.85, with a volume of 29,699 shares changing hands.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Kyocera from a “buy” rating to a “hold” rating in a research report on Monday, February 16th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Kyocera Price Performance

The firm has a market cap of $23.78 billion, a PE ratio of 33.76 and a beta of 0.27. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.08 and a quick ratio of 1.91. The firm has a 50-day simple moving average of $15.69 and a 200 day simple moving average of $14.33.

Kyocera (OTCMKTS:KYOCY) last issued its quarterly earnings results on Monday, February 2nd. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.07. Kyocera had a net margin of 5.09% and a return on equity of 3.15%. The company had revenue of $3.44 billion during the quarter, compared to analyst estimates of $3.27 billion. Kyocera has set its FY 2026 guidance at 0.560-0.560 EPS. As a group, equities analysts expect that Kyocera Corporation will post 0.32 EPS for the current year.

About Kyocera

Kyocera Corporation (OTCMKTS: KYOCY) is a Japanese multinational manufacturer known for its development and production of advanced ceramics and diversified electronic components. Founded in 1959 by Kazuo Inamori as Kyoto Ceramic Co, Ltd., the company has grown into a broad industrial group with roots in fine ceramic materials and a long-standing emphasis on materials science and precision manufacturing. Kyocera is headquartered in Kyoto, Japan, and operates through a network of subsidiaries and business units serving global markets.

The company’s principal activities include the manufacture of fine ceramics, industrial and engineering ceramics, and a wide array of electronic components such as capacitors, connectors, and semiconductor packaging.