Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) Short Interest Update

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 35,300 shares, a decline of 58.3% from the February 29th total of 84,600 shares. Based on an average daily volume of 384,600 shares, the days-to-cover ratio is presently 0.1 days.

Murata Manufacturing Trading Down 0.7 %

Shares of OTCMKTS:MRAAY traded down $0.07 on Thursday, hitting $9.33. The company had a trading volume of 233,906 shares, compared to its average volume of 258,330. The stock has a 50 day moving average price of $9.93 and a 200 day moving average price of $9.68. The stock has a market cap of $37.83 billion, a price-to-earnings ratio of 22.76 and a beta of 0.89. Murata Manufacturing has a 1-year low of $8.08 and a 1-year high of $10.76.

Murata Manufacturing (OTCMKTS:MRAAY) last announced its quarterly earnings results on Friday, February 2nd. The company reported $0.09 EPS for the quarter. The business had revenue of $2.98 billion for the quarter. Murata Manufacturing had a net margin of 13.53% and a return on equity of 8.80%.

Murata Manufacturing Company Profile

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.