Makita Co. (OTCMKTS:MKTAY – Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 changing hands.
Makita Stock Up 5.4 %
The business has a 50-day moving average price of $32.89 and a two-hundred day moving average price of $30.43. The company has a market capitalization of $8.79 billion, a price-to-earnings ratio of 28.91 and a beta of 0.76.
Makita (OTCMKTS:MKTAY – Get Free Report) last released its quarterly earnings data on Tuesday, July 30th. The company reported $0.26 earnings per share for the quarter. Makita had a net margin of 5.89% and a return on equity of 4.98%. The firm had revenue of $1.18 billion for the quarter. On average, sell-side analysts anticipate that Makita Co. will post 1.34 EPS for the current fiscal 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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