Murata Manufacturing (OTCMKTS:MRAAY) Sets New 1-Year High – Should You Buy?

Murata Manufacturing Inc. (OTCMKTS:MRAAY)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $11.25 and last traded at $10.8540, with a volume of 1916 shares traded. The stock had previously closed at $10.88.

Murata Manufacturing Stock Performance

The business’s 50-day moving average is $9.93 and its 200 day moving average is $8.54. The company has a market cap of $40.20 billion, a PE ratio of 25.10 and a beta of 0.93.

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

Murata Manufacturing Company Profile

Murata Manufacturing Co, Ltd. designs, manufactures, and sells ceramic-based passive electronic components and solutions in Japan and internationally. 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.