Murata Manufacturing (OTCMKTS:MRAAY) Sees Unusually-High Trading Volume – Time to Buy?

Murata Manufacturing Inc. (OTCMKTS:MRAAY) shares saw unusually-high trading volume on Friday . Approximately 1,147,866 shares were traded during trading, an increase of 97% from the previous session’s volume of 582,752 shares.The stock last traded at $24.2650 and had previously closed at $23.89.

Analyst Upgrades and Downgrades

Separately, Citigroup raised shares of 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 issued a Hold rating to the stock. According to data from MarketBeat.com, Murata Manufacturing presently has a consensus rating of “Buy”.

Murata Manufacturing Trading Up 1.5%

The firm has a market capitalization of $88.64 billion, a price-to-earnings ratio of 51.58 and a beta of 1.60. The company has a fifty day moving average price of $24.32 and a two-hundred day moving average price of $21.46.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its quarterly earnings results on Friday, July 31st. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. Murata Manufacturing had a return on equity of 9.84% and a net margin of 13.86%.The firm had revenue of $3.15 billion during the quarter, compared to analysts’ expectations of $2.97 billion. Murata Manufacturing has set its FY 2026 guidance at 0.583-0.583 EPS. As a group, equities research analysts expect that Murata Manufacturing Inc. will post 0.69 earnings per share for the current year.

About Murata Manufacturing

Murata Manufacturing Co, Ltd. is a Japan-based electronics component manufacturer headquartered in Kyoto. The company develops and produces components and solutions used in smartphones, computers, automobiles, industrial equipment, healthcare devices and other electronic products.

Its product portfolio includes multilayer ceramic capacitors, inductors, filters, timing devices, sensors, radio-frequency components, communication modules and power-related products. Murata also provides batteries and electronic modules designed for applications such as wireless connectivity, automotive systems and factory automation.

Founded in 1944 by Akira Murata and incorporated as Murata Manufacturing Co, Ltd.