Murata Manufacturing Inc. (OTCMKTS:MRAAY) Sees Significant Increase in Short Interest

Murata Manufacturing Inc. (OTCMKTS:MRAAY) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 170,160 shares, an increase of 52.4% from the July 15th total of 111,690 shares. Based on an average trading volume of 1,541,161 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Murata Manufacturing Price Performance

Shares of Murata Manufacturing stock opened at $22.67 on Wednesday. The business has a fifty day simple moving average of $28.25 and a two-hundred day simple moving average of $20.02. Murata Manufacturing has a 1 year low of $7.95 and a 1 year high of $38.72. The company has a market capitalization of $82.89 billion, a price-to-earnings ratio of 48.24 and a beta of 1.60.

Murata Manufacturing (OTCMKTS:MRAAY) last released its quarterly earnings data on Friday, July 31st. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. The firm had revenue of $3.15 billion for the quarter, compared to the consensus estimate of $2.97 billion. Murata Manufacturing had a net margin of 13.86% and a return on equity of 9.94%. Murata Manufacturing has set its FY 2026 guidance at 0.583-0.583 EPS. As a group, equities analysts anticipate that Murata Manufacturing will post 0.58 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Zacks Research raised shares of Murata Manufacturing to a “hold” rating in a report on Monday, April 27th. Citigroup upgraded Murata Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

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.