Murata Manufacturing (OTCMKTS:MRAAY) Shares Gap Down - What's Next?
Murata Manufacturing's shares gapped down, opening at $9.33 from a previous close of $9.85. The stock last traded at $9.57 with a volume of 4,016 shares. Analysts predict an EPS of 0.41 for the year. Despite a Hold rating, analysts suggest other stocks as better buys. Murata designs and sells electronic components globally.
Murata Manufacturing Inc. (OTCMKTS:MRAAY - Get Free Report)'s share price gapped down before the market opened on Tuesday . The stock had previously closed at $9.85, but opened at $9.33. Murata Manufacturing shares last traded at $9.57, with a volume of 4,016 shares trading hands.
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Murata Manufacturing Price Performance
The business has a fifty day moving average of $9.59 and a 200-day moving average of $8.23. The stock has a market cap of $35.68 billion, a PE ratio of 24.56 and a beta of 1.04.
Murata Manufacturing (OTCMKTS:MRAAY - Get Free Report) last released its quarterly earnings data on Friday, October 31st. The company reported $0.15 earnings per share for the quarter. Murata Manufacturing had a return on equity of 8.51% and a net margin of 12.51%.The firm had revenue of $3.30 billion during the quarter. As a group, equities research analysts predict that Murata Manufacturing Inc. will post 0.41 EPS for the current year.
Murata Manufacturing Company Profile
(Get Free Report)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.
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