Kyocera (OTCMKTS:KYOCY) Sees Strong Trading Volume – Time to Buy?

Shares of Kyocera Corporation (OTCMKTS:KYOCYGet Free Report) saw unusually-high trading volume on Thursday . Approximately 163,013 shares changed hands during trading, an increase of 185% from the previous session’s volume of 57,214 shares.The stock last traded at $21.17 and had previously closed at $19.68.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded Kyocera from a “buy” rating to a “hold” rating in a report on Monday, February 16th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

View Our Latest Research Report on Kyocera

Kyocera Stock Performance

The company has a market capitalization of $28.34 billion, a PE ratio of 31.34 and a beta of 0.51. The company has a 50 day moving average of $16.99 and a two-hundred day moving average of $15.71. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.08 and a quick ratio of 1.91.

Kyocera (OTCMKTS:KYOCYGet Free Report) last issued its quarterly 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 return on equity of 4.17% and a net margin of 6.78%.The company had revenue of $3.42 billion for the quarter, compared to analysts’ expectations of $3.21 billion. Kyocera has set its FY 2027 guidance at 0.660-0.660 EPS. As a group, equities research analysts predict that Kyocera Corporation will post 0.66 earnings per share for the current year.

Kyocera Company Profile

(Get Free Report)

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.

Further Reading

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