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

Shares of Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $8.13 and last traded at $8.36, with a volume of 367693 shares trading hands. The stock had previously closed at $8.49.

Murata Manufacturing Stock Performance

The stock has a market cap of $31.59 billion, a price-to-earnings ratio of 26.53 and a beta of 0.84. The business has a fifty day simple moving average of $9.39 and a 200 day simple moving average of $9.83.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its quarterly earnings data on Friday, November 1st. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.03). The company had revenue of $3.10 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Murata Manufacturing had a return on equity of 7.23% and a net margin of 10.80%. On average, equities research analysts anticipate that Murata Manufacturing Co., Ltd. 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.