Murata Manufacturing (OTCMKTS:MRAAY) Shares Gap Up – Here’s What Happened

Murata Manufacturing Inc. (OTCMKTS:MRAAY) shares gapped up prior to trading on Tuesday . The stock had previously closed at $9.89, but opened at $10.88. Murata Manufacturing shares last traded at $10.47, with a volume of 26,746 shares trading hands.

Murata Manufacturing Stock Up 5.9%

The stock has a fifty day moving average of $10.41 and a 200-day moving average of $9.45. The firm has a market capitalization of $38.28 billion, a P/E ratio of 24.35 and a beta of 0.94.

Murata Manufacturing (OTCMKTS:MRAAY) last announced its quarterly earnings data on Monday, February 2nd. The company reported $0.05 earnings per share for the quarter. The company had revenue of $3.03 billion during the quarter. Murata Manufacturing had a return on equity of 9.16% and a net margin of 13.40%.Murata Manufacturing has set its FY 2025 guidance at 0.392-0.392 EPS. Sell-side analysts predict that Murata Manufacturing Inc. will post 0.41 EPS for the current fiscal year.

About Murata Manufacturing

Murata Manufacturing Co, Ltd. is a Japan-based manufacturer of electronic components and modules, best known for its development and production of ceramic components. Founded in 1944 by Akira Murata and headquartered in Nagaokakyo, Kyoto Prefecture, the company has grown into a leading global supplier of multilayer ceramic capacitors (MLCCs), ceramic resonators, and a broad range of passive and active electronic parts used across consumer, industrial and automotive electronics.

The company’s product portfolio encompasses passive components (such as capacitors, inductors and filters), sensors and sensing modules, power modules, and RF/wireless communication modules.