Kyocera (OTCMKTS:KYOCY) Sees Large Volume Increase – Should You Buy?

Kyocera Corporation (OTCMKTS:KYOCY) shares saw strong trading volume on Friday . 79,272 shares traded hands during mid-day trading, an increase of 69% from the previous session’s volume of 46,933 shares.The stock last traded at $18.3980 and had previously closed at $18.38.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded shares of Kyocera from a “buy” rating to a “hold” rating in a research note on Monday, February 16th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

Kyocera Price Performance

The company has a debt-to-equity ratio of 0.06, a current ratio of 3.08 and a quick ratio of 1.91. The stock’s 50 day simple moving average is $16.53 and its two-hundred day simple moving average is $15.37. The stock has a market cap of $24.84 billion, a price-to-earnings ratio of 27.48 and a beta of 0.51.

Kyocera (OTCMKTS:KYOCY) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.09. Kyocera had a net margin of 6.78% and a return on equity of 4.17%. The firm had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $3.21 billion. Kyocera has set its FY 2027 guidance at 0.660-0.660 EPS. On average, analysts forecast that Kyocera Corporation will post 0.66 earnings per share for the current fiscal year.

Kyocera Company Profile

Kyocera Corporation (OTCMKTS: KYOCY) is a Japanese multinational manufacturer known for its development and production of advanced ceramics and diversified electronic components. Founded in 1959 by Kazuo Inamori as Kyoto Ceramic Co, Ltd., the company has grown into a broad industrial group with roots in fine ceramic materials and a long-standing emphasis on materials science and precision manufacturing. Kyocera is headquartered in Kyoto, Japan, and operates through a network of subsidiaries and business units serving global markets.

The company’s principal activities include the manufacture of fine ceramics, industrial and engineering ceramics, and a wide array of electronic components such as capacitors, connectors, and semiconductor packaging.