Kyocera Corporation (OTCMKTS:KYOCY) Short Interest Up 53.0% in December

Kyocera Corporation (OTCMKTS:KYOCY) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 10,067 shares, a growth of 53.0% from the November 30th total of 6,578 shares. Based on an average daily volume of 56,245 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 56,245 shares, the days-to-cover ratio is currently 0.2 days.

Kyocera Stock Up 0.3%

KYOCY traded up $0.04 on Tuesday, hitting $14.20. The company had a trading volume of 34,169 shares, compared to its average volume of 42,938. The stock has a market capitalization of $20.00 billion, a price-to-earnings ratio of 64.54 and a beta of 0.32. The stock has a fifty day moving average price of $13.68 and a 200-day moving average price of $13.00. Kyocera has a 12-month low of $9.65 and a 12-month high of $14.74. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.14 and a current ratio of 3.20.

Kyocera (OTCMKTS:KYOCY) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. The firm had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.34 billion. Kyocera had a net margin of 2.25% and a return on equity of 1.37%. Analysts predict that Kyocera will post 0.32 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered Kyocera from a “strong-buy” rating to a “hold” rating in a report on Friday, October 17th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Kyocera has an average rating of “Hold”.

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.