Kyocera Corporation (OTCMKTS:KYOCY) Short Interest Update

Kyocera Corporation (OTCMKTS:KYOCY) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 155,087 shares, an increase of 109.5% from the May 14th total of 74,036 shares. Based on an average trading volume of 355,437 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of 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, the company has a consensus rating of “Hold”.

Kyocera Price Performance

KYOCY remained flat at $24.59 on Monday. The company has a current ratio of 3.08, a quick ratio of 1.91 and a debt-to-equity ratio of 0.06. The company’s fifty day simple moving average is $19.05 and its 200 day simple moving average is $16.61. Kyocera has a 52-week low of $10.58 and a 52-week high of $24.98. The company has a market cap of $33.18 billion, a PE ratio of 36.70 and a beta of 0.56.

Kyocera (OTCMKTS:KYOCY) last issued its earnings results on Thursday, April 30th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.09. Kyocera had a net margin of 6.78% and a return on equity of 4.17%. The company had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.21 billion. Kyocera has set its FY 2027 guidance at 0.660-0.660 EPS. Equities analysts forecast that Kyocera 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.