Makita Co. (OTCMKTS:MKTAY - Get Free Report) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 100 shares, a decrease of 98.0% from the March 31st total of 5,000 shares. Based on an average daily volume of 67,900 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.
Makita Price Performance
Shares of MKTAY stock traded up $0.67 during trading hours on Friday, hitting $30.98. The stock had a trading volume of 7,265 shares, compared to its average volume of 16,692. The stock has a market capitalization of $8.33 billion, a price-to-earnings ratio of 18.55 and a beta of 0.65. The stock's 50-day moving average price is $31.89 and its two-hundred day moving average price is $31.11. Makita has a one year low of $25.56 and a one year high of $39.05.
Makita (OTCMKTS:MKTAY - Get Free Report) last posted its earnings results on Wednesday, January 29th. The company reported $0.58 earnings per share for the quarter. Makita had a net margin of 9.09% and a return on equity of 7.52%. As a group, equities research analysts predict that Makita will post 1.56 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of research analysts recently weighed in on MKTAY shares. Citigroup cut shares of Makita from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 7th. UBS Group upgraded Makita from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 30th.
View Our Latest Analysis on MKTAY
Makita Company Profile
(
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.
Further Reading
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