Kyocera (OTCMKTS:KYOCY) Sees Unusually-High Trading Volume – Should You Buy?

Kyocera Corporation (OTCMKTS:KYOCY) saw an uptick in trading volume on Friday . 112,470 shares changed hands during mid-day 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.

Analysts Set New Price Targets

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 research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Kyocera Stock Performance

The stock has a market cap of $25.75 billion, a P/E ratio of 28.48 and a beta of 0.51. The firm’s 50-day moving average is $16.77 and its two-hundred day moving average is $15.56. 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 issued its quarterly earnings data on Thursday, April 30th. The company reported $0.20 earnings per share 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 net margin of 6.78% and a return on equity of 4.17%. Kyocera has set its FY 2027 guidance at 0.660-0.660 EPS. As a group, research analysts expect that Kyocera Corporation will post 0.66 EPS for the current 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.