Murata Manufacturing (OTCMKTS:MRAAY) Shares Gap Up – What’s Next?

Murata Manufacturing Inc. (OTCMKTS:MRAAY) gapped up before the market opened on Tuesday . The stock had previously closed at $11.8350, but opened at $12.81. Murata Manufacturing shares last traded at $13.15, with a volume of 77,773 shares changing hands.

Murata Manufacturing Trading Up 11.6%

The business has a 50-day moving average price of $10.55 and a 200-day moving average price of $9.82. The firm has a market cap of $48.28 billion, a P/E ratio of 37.73 and a beta of 0.94.

Murata Manufacturing (OTCMKTS:MRAAY) last released its quarterly earnings data on Monday, February 2nd. The company reported $0.05 earnings per share for the quarter. Murata Manufacturing had a return on equity of 7.38% and a net margin of 10.74%.The firm had revenue of $3.03 billion during the quarter. Murata Manufacturing has set its FY 2025 guidance at 0.392-0.392 EPS. On average, equities analysts anticipate that Murata Manufacturing Inc. will post 0.41 earnings per share for the current fiscal year.

Murata Manufacturing Company Profile

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.