Kyocera Co. (OTCMKTS:KYOCY) Sees Significant Increase in Short Interest

Kyocera Co. (OTCMKTS:KYOCY) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 30,200 shares, a growth of 179.6% from the February 28th total of 10,800 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 81,700 shares, the days-to-cover ratio is currently 0.4 days.

Kyocera Stock Performance

Kyocera stock traded down $0.19 during mid-day trading on Thursday, reaching $11.65. The company’s stock had a trading volume of 18,628 shares, compared to its average volume of 57,597. The firm has a market cap of $16.41 billion, a price-to-earnings ratio of 83.21, a PEG ratio of 3.05 and a beta of 0.25. Kyocera has a twelve month low of $9.21 and a twelve month high of $14.22. The business has a 50 day moving average price of $11.20 and a 200-day moving average price of $10.81. The company has a current ratio of 3.20, a quick ratio of 1.97 and a debt-to-equity ratio of 0.06.

Kyocera (OTCMKTS:KYOCY) last issued its earnings results on Monday, February 3rd. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.24). Kyocera had a return on equity of 0.82% and a net margin of 1.34%. Sell-side analysts predict that Kyocera will post 0.32 EPS for the current fiscal year.

About Kyocera

Kyocera Corporation develops, produces, and distributes products based on fine ceramic technologies in Japan, rest of Asia, Europe, the United States, and internationally. It operates through Core Components Business, Electronic Components Business, and Solutions Business segments. The Core Components Business segment offers components, such as fine ceramic components for semiconductor processing equipment, automotive camera modules, and ceramic packages, as well as organic packages and boards to protect electronic components and ICs to industrial machinery, automotive-related, and the information and communication-related markets; optical components, and jewelry and applied ceramic related products; and medical devices comprising prosthetic joints and dental implants.