Makita Co. (OTCMKTS:MKTAY – Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.66 and traded as low as $27.32. Makita shares last traded at $27.34, with a volume of 25,885 shares trading hands.
Makita Price Performance
The company has a 50 day moving average of $28.97 and a two-hundred day moving average of $27.66. The company has a market capitalization of $7.35 billion, a PE ratio of 24.19 and a beta of 0.76.
Makita (OTCMKTS:MKTAY – Get Free Report) last released its earnings results on Friday, April 26th. The company reported $0.28 earnings per share for the quarter. Makita had a net margin of 5.89% and a return on equity of 5.12%. The firm had revenue of $1.28 billion for the quarter. On average, equities analysts anticipate that Makita Co. will post 1.31 EPS for the current year.
About Makita
Makita Corporation engages in the manufacture and sale of electric power tools, pneumatic tools, and gardening and household equipment in Japan, Europe, North America, Asia, Australia, Brazil, and the United Arab Emirates. It offers cordless, drilling/fastening, impact drilling/demolition, grinding/sanding, sawing, planning/routering, pneumatic, outdoor power, and dust extraction/other equipment, as well as accessories; and cutting equipment for new materials, masonry, and metals.
Recommended Stories
- Five stocks we like better than Makita
- Short Selling: How to Short a Stock
- Chipotle Mexican Grill Stock Split: Where Does it Go From Here?
- Are Penny Stocks a Good Fit for Your Portfolio?
- Arm Holdings and Micron: Top 2 AI Stocks to Buy and Hold
- How to Buy Cheap Stocks Step by Step
- Best Buy Stock May Be Best Bought Before the Holiday Season
Receive News & Ratings for Makita Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Makita and related companies with MarketBeat.com's FREE daily email newsletter.
