Murata Manufacturing (OTCMKTS:MRAAY) Shares Pass Below Fifty Day Moving Average – Here’s Why

Shares of Murata Manufacturing Inc. (OTCMKTS:MRAAY) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $29.19 and traded as low as $22.94. Murata Manufacturing shares last traded at $23.26, with a volume of 477,789 shares changing hands.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Citigroup upgraded shares of Murata Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Monday, June 29th. Zacks Research upgraded shares of Murata Manufacturing to a “hold” rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy”.

Murata Manufacturing Stock Down 1.2%

The stock has a market capitalization of $85.05 billion, a price-to-earnings ratio of 49.49 and a beta of 1.60. The firm has a 50-day moving average of $29.19 and a two-hundred day moving average of $19.27.

Murata Manufacturing (OTCMKTS:MRAAY) last announced its quarterly earnings data on Friday, July 31st. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. Murata Manufacturing had a return on equity of 9.94% and a net margin of 13.86%.The firm had revenue of $3.15 billion during the quarter, compared to analyst estimates of $2.97 billion. Murata Manufacturing has set its FY 2026 guidance at 0.583-0.583 EPS. As a group, sell-side analysts predict that Murata Manufacturing Inc. will post 0.58 EPS for the current 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.