Kyocera (OTCMKTS:KYOCY) Sees Unusually-High Trading Volume – Still a Buy?

Kyocera Corporation (OTCMKTS:KYOCY) saw an uptick in trading volume on Thursday . 163,013 shares were traded during mid-day trading, an increase of 185% from the previous session’s volume of 57,214 shares.The stock last traded at $21.17 and had previously closed at $19.68.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut Kyocera from a “buy” rating to a “hold” rating in a research note on Monday, February 16th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Kyocera presently has an average rating of “Hold”.

Kyocera Price Performance

The company has a debt-to-equity ratio of 0.06, a current ratio of 3.08 and a quick ratio of 1.91. The company has a market capitalization of $28.34 billion, a PE ratio of 31.34 and a beta of 0.51. The firm has a 50-day moving average of $16.99 and a 200 day moving average of $15.71.

Kyocera (OTCMKTS:KYOCY) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.11 by $0.09. Kyocera had a return on equity of 4.17% and a net margin of 6.78%.The company had revenue of $3.42 billion for the quarter, compared to analysts’ expectations of $3.21 billion. Kyocera has set its FY 2027 guidance at 0.660-0.660 EPS. As a group, research analysts anticipate that Kyocera Corporation will post 0.66 earnings per share for the current fiscal year.

About Kyocera

Kyocera Corporation (OTCMKTS: KYOCY) is a Japanese multinational manufacturer known for its development and production of advanced ceramics and diversified electronic components. Founded in 1959 by Kazuo Inamori as Kyoto Ceramic Co, Ltd., the company has grown into a broad industrial group with roots in fine ceramic materials and a long-standing emphasis on materials science and precision manufacturing. Kyocera is headquartered in Kyoto, Japan, and operates through a network of subsidiaries and business units serving global markets.

The company’s principal activities include the manufacture of fine ceramics, industrial and engineering ceramics, and a wide array of electronic components such as capacitors, connectors, and semiconductor packaging.