Murata Manufacturing (OTCMKTS:MRAAY) Reaches New 12-Month Low – Here’s What Happened

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $7.48 and last traded at $8.00, with a volume of 428276 shares. The stock had previously closed at $7.99.

Murata Manufacturing Stock Performance

The firm has a 50-day simple moving average of $8.31 and a 200-day simple moving average of $9.50. The firm has a market cap of $31.41 billion, a P/E ratio of 25.00 and a beta of 0.81.

Murata Manufacturing (OTCMKTS:MRAAY) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.03). Murata Manufacturing had a net margin of 10.80% and a return on equity of 7.23%. The company had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $2.94 billion. Research analysts predict that Murata Manufacturing Co., Ltd. will post 0.54 earnings per share for the current fiscal year.

Murata Manufacturing Company Profile

Murata Manufacturing Co, Ltd. designs, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally. 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.