Murata Manufacturing Inc. (OTCMKTS:MRAAY) Short Interest Update

Murata Manufacturing Inc. (OTCMKTS:MRAAY) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 205,491 shares, an increase of 102.2% from the February 12th total of 101,644 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 811,981 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 811,981 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Murata Manufacturing Stock Performance

Shares of MRAAY stock traded down $0.20 during mid-day trading on Thursday, reaching $11.58. 9,317 shares of the company were exchanged, compared to its average volume of 387,277. The business’s 50 day simple moving average is $11.06 and its 200 day simple moving average is $10.16. The company has a market capitalization of $42.34 billion, a P/E ratio of 33.09 and a beta of 0.90. Murata Manufacturing has a fifty-two week low of $6.24 and a fifty-two week high of $14.10.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its quarterly earnings results on Monday, February 2nd. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $3.03 billion for the quarter. Murata Manufacturing had a net margin of 10.74% and a return on equity of 7.42%. Murata Manufacturing has set its FY 2025 guidance at 0.392-0.392 EPS. On average, analysts forecast that Murata Manufacturing will post 0.41 EPS for the current year.

About Murata Manufacturing

Murata Manufacturing Co, Ltd. is a Japan-based manufacturer of electronic components and modules, best known for its development and production of ceramic components. Founded in 1944 by Akira Murata and headquartered in Nagaokakyo, Kyoto Prefecture, the company has grown into a leading global supplier of multilayer ceramic capacitors (MLCCs), ceramic resonators, and a broad range of passive and active electronic parts used across consumer, industrial and automotive electronics.

The company’s product portfolio encompasses passive components (such as capacitors, inductors and filters), sensors and sensing modules, power modules, and RF/wireless communication modules.