Makita Co. (OTCMKTS:MKTAY – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $30.43 and traded as low as $29.24. Makita shares last traded at $29.60, with a volume of 48,336 shares trading hands.
Makita Price Performance
The company has a market cap of $7.96 billion, a price-to-earnings ratio of 26.20 and a beta of 0.76. The business’s 50-day simple moving average is $32.90 and its 200-day simple moving average is $30.43.
Makita (OTCMKTS:MKTAY – Get Free Report) last issued its quarterly earnings data on Tuesday, July 30th. The company reported $0.26 earnings per share (EPS) for the quarter. The firm had revenue of $1.18 billion during the quarter. Makita had a return on equity of 4.98% and a net margin of 5.89%. As a group, sell-side analysts forecast that Makita Co. will post 1.34 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.
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