Murata Manufacturing (OTCMKTS:MRAAY) Shares Gap Down – Here’s What Happened

Murata Manufacturing Inc. (OTCMKTS:MRAAY) gapped down before the market opened on Tuesday . The stock had previously closed at $12.82, but opened at $11.29. Murata Manufacturing shares last traded at $11.34, with a volume of 44,593 shares.

Murata Manufacturing Stock Performance

The stock has a fifty day simple moving average of $10.92 and a two-hundred day simple moving average of $10.04. The stock has a market cap of $44.35 billion, a price-to-earnings ratio of 34.66 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. The company had revenue of $3.03 billion during the quarter. Murata Manufacturing had a return on equity of 7.42% and a net margin of 10.74%.Murata Manufacturing has set its FY 2025 guidance at 0.392-0.392 EPS. Equities analysts expect 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.