Short Interest in Kyocera Co. (OTCMKTS:KYOCY) Rises By 179.6%

Kyocera Co. (OTCMKTS:KYOCY) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 30,200 shares, a growth of 179.6% from the February 28th total of 10,800 shares. Based on an average trading volume of 81,700 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Kyocera Trading Down 2.1 %

Shares of OTCMKTS:KYOCY traded down $0.24 during mid-day trading on Friday, reaching $11.46. 23,022 shares of the company’s stock were exchanged, compared to its average volume of 56,266. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.97 and a current ratio of 3.20. Kyocera has a twelve month low of $9.21 and a twelve month high of $13.38. The firm has a market capitalization of $16.14 billion, a price-to-earnings ratio of 81.86, a PEG ratio of 3.05 and a beta of 0.25. The business’s fifty day moving average price is $11.26 and its 200-day moving average price is $10.81.

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

About Kyocera

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.