Murata Manufacturing (OTCMKTS:MRAAY) Shares Down 3.6% – Should You Sell?

Shares of Murata Manufacturing Inc. (OTCMKTS:MRAAY) were down 3.6% on Tuesday . The stock traded as low as $10.82 and last traded at $10.86. Approximately 141,877 shares were traded during trading, a decline of 64% from the average daily volume of 395,810 shares. The stock had previously closed at $11.27.

Murata Manufacturing Price Performance

The stock’s fifty day simple moving average is $11.31 and its two-hundred day simple moving average is $10.46. The company has a market capitalization of $39.95 billion, a price-to-earnings ratio of 31.21 and a beta of 0.90.

Murata Manufacturing (OTCMKTS:MRAAY) last posted its quarterly earnings results on Monday, February 2nd. The company reported $0.05 EPS for the quarter. Murata Manufacturing had a net margin of 10.74% and a return on equity of 7.42%. The business 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, sell-side analysts predict that Murata Manufacturing Inc. will post 0.41 EPS for the current 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.