Kyocera Co. (OTCMKTS:KYOCY) Sees Significant Decrease in Short Interest

Kyocera Co. (OTCMKTS:KYOCY) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 10,800 shares, a decrease of 75.7% from the February 13th total of 44,400 shares. Based on an average daily volume of 71,400 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Kyocera Price Performance

Shares of OTCMKTS KYOCY opened at $11.69 on Thursday. Kyocera has a fifty-two week low of $9.21 and a fifty-two week high of $14.31. The stock’s 50-day simple moving average is $10.90 and its 200-day simple moving average is $10.83. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.97 and a current ratio of 3.20. The firm has a market capitalization of $16.46 billion, a PE ratio of 83.47, a price-to-earnings-growth ratio of 3.05 and a beta of 0.25.

Kyocera (OTCMKTS:KYOCY) last posted its quarterly earnings results on Monday, February 3rd. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.24). Kyocera had a net margin of 1.34% and a return on equity of 0.82%. As a group, equities research analysts forecast that Kyocera will post 0.32 EPS for the current fiscal year.

Kyocera Company Profile

Kyocera Corporation develops, produces, and distributes products based on fine ceramic technologies in Japan, rest of Asia, Europe, the United States, and internationally. It operates through Core Components Business, Electronic Components Business, and Solutions Business segments. The Core Components Business segment offers components, such as fine ceramic components for semiconductor processing equipment, automotive camera modules, and ceramic packages, as well as organic packages and boards to protect electronic components and ICs to industrial machinery, automotive-related, and the information and communication-related markets; optical components, and jewelry and applied ceramic related products; and medical devices comprising prosthetic joints and dental implants.