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

Murata Manufacturing Co., Ltd. (OTCMKTS:MRAAY) shares hit a new 52-week low on Friday . The company traded as low as $6.64 and last traded at $6.72, with a volume of 589363 shares trading hands. The stock had previously closed at $7.39.

Murata Manufacturing Stock Down 9.1 %

The firm’s 50-day moving average is $8.37 and its 200-day moving average is $8.53. The company has a market cap of $26.38 billion, a PE ratio of 18.67 and a beta of 0.87.

Murata Manufacturing (OTCMKTS:MRAAY) last announced its earnings results on Friday, February 7th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.03). Murata Manufacturing had a return on equity of 8.01% and a net margin of 12.00%. As a group, equities research analysts anticipate that Murata Manufacturing Co., Ltd. will post 0.41 EPS for the current fiscal year.

About Murata Manufacturing

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.