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

Murata Manufacturing Inc. (OTCMKTS:MRAAY) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 17,046 shares, a drop of 75.8% from the December 31st total of 70,414 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 801,776 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 801,776 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Murata Manufacturing Stock Performance

Shares of Murata Manufacturing stock traded down $0.16 during midday trading on Wednesday, reaching $10.36. 203,878 shares of the company’s stock traded hands, compared to its average volume of 344,922. The stock has a 50 day moving average of $10.38 and a 200-day moving average of $9.37. The company has a market cap of $37.88 billion, a PE ratio of 24.09 and a beta of 0.92. Murata Manufacturing has a 12 month low of $6.24 and a 12 month high of $11.25.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its quarterly earnings data on Friday, October 31st. The company reported $0.15 EPS for the quarter. Murata Manufacturing had a return on equity of 9.16% and a net margin of 13.40%.The company had revenue of $3.30 billion during the quarter. On average, equities analysts anticipate that Murata Manufacturing will post 0.41 earnings per share for the current fiscal 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.