Makita (OTCMKTS:MKTAY) Share Price Passes Below 200-Day Moving Average – Here’s Why

Makita Co. (OTCMKTS:MKTAYGet Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $31.19 and traded as low as $28.97. Makita shares last traded at $29.01, with a volume of 13,633 shares changing hands.

Makita Price Performance

The firm has a market capitalization of $7.80 billion, a PE ratio of 20.87 and a beta of 0.74. The company’s fifty day simple moving average is $30.39 and its 200 day simple moving average is $31.19.

About Makita

(Get Free Report)

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.

Featured Stories

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.