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

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $8.00 and last traded at $8.29, with a volume of 535044 shares changing hands. The stock had previously closed at $8.25.

Murata Manufacturing Stock Performance

The company’s fifty day moving average is $8.84 and its two-hundred day moving average is $9.72. The company has a market cap of $31.32 billion, a price-to-earnings ratio of 25.91 and a beta of 0.81.

Murata Manufacturing (OTCMKTS:MRAAY) last issued its quarterly earnings results on Friday, November 1st. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.03). Murata Manufacturing had a return on equity of 7.23% and a net margin of 10.80%. The business had revenue of $3.10 billion during the quarter, compared to analyst estimates of $2.94 billion. On average, sell-side analysts anticipate that Murata Manufacturing Co., Ltd. will post 0.54 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.