Murata Manufacturing (OTCMKTS:MRAAY) Issues Quarterly Earnings Results

Murata Manufacturing (OTCMKTS:MRAAY) announced its quarterly earnings results on Monday. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.03), Zacks reports. Murata Manufacturing had a return on equity of 7.23% and a net margin of 10.80%. Murata Manufacturing updated its FY 2024 guidance to 0.820-0.820 EPS.

Murata Manufacturing Stock Down 2.5 %

OTCMKTS:MRAAY opened at $7.86 on Monday. Murata Manufacturing has a 52 week low of $7.33 and a 52 week high of $12.00. The stock has a market capitalization of $30.86 billion, a PE ratio of 24.56 and a beta of 0.80. The stock’s 50-day moving average price is $8.02 and its 200-day moving average price is $9.07.

Murata Manufacturing Company Profile

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.