Kyocera (OTCMKTS:KYOCY) Sees Large Volume Increase – Time to Buy?

Kyocera Corporation (OTCMKTS:KYOCY) saw strong trading volume on Friday . 112,470 shares were traded during trading, an increase of 112% from the previous session’s volume of 53,135 shares.The stock last traded at $19.00 and had previously closed at $18.71.

Analyst Ratings Changes

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

Kyocera Stock Up 2.1%

The stock has a market cap of $25.79 billion, a PE ratio of 28.52 and a beta of 0.51. The firm has a fifty day moving average of $16.72 and a 200 day moving average of $15.53. The company has a quick ratio of 1.91, a current ratio of 3.08 and a debt-to-equity ratio of 0.06.

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