Makita Co. (OTCMKTS:MKTAY - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as $36.24 and last traded at $35.76, with a volume of 12661 shares changing hands. The stock had previously closed at $32.60.
Analysts Set New Price Targets
Separately, UBS Group raised Makita from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 30th.
Get Our Latest Report on Makita
Makita Stock Performance
The stock's fifty day simple moving average is $30.55 and its 200-day simple moving average is $31.51. The company has a market capitalization of $9.65 billion, a PE ratio of 21.48 and a beta of 0.70.
Makita (OTCMKTS:MKTAY - Get Free Report) last announced its quarterly earnings data 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%. On average, equities analysts anticipate that Makita Co. will post 1.56 EPS for the current year.
Makita Company Profile
(
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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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