Murata Manufacturing (OTCMKTS:MRAAY) Hits New 12-Month High at $11.47

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $11.47 and last traded at $11.12, with a volume of 466012 shares traded. The stock had previously closed at $11.08.

Murata Manufacturing Stock Performance

The stock has a market capitalization of $42.79 billion, a P/E ratio of 34.32 and a beta of 0.86. The business has a fifty day simple moving average of $9.88 and a 200-day simple moving average of $9.78.

Murata Manufacturing (OTCMKTS:MRAAY) last issued its earnings results on Friday, April 26th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.08). Murata Manufacturing had a return on equity of 7.24% and a net margin of 11.12%. The firm had revenue of $2.63 billion during the quarter, compared to the consensus estimate of $2.44 billion. On average, sell-side analysts anticipate that Murata Manufacturing Co., Ltd. will post 0.45 earnings per share for the current year.

About Murata Manufacturing

Murata Manufacturing Co, Ltd. designs, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally. It operates through Components, Devices and Modules, and Others segments. The company offers capacitors, inductors, noise suppression products/EMI suppression filters/ESD protection devices, resistors, thermistors, sensors, timing devices, quartz devices, sound components, power products, batteries, micro mechatronics, RFID product, baluns, couplers, filters, phase shifters, RF switches, front-end modules, SAW components, connectors, antennas, connectivity modules, wireless connectivity platforms, ionizers/active oxygen modules, and transformers.