Shares of Makita Co. (OTCMKTS:MKTAY - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $31.48 and traded as high as $37.31. Makita shares last traded at $35.88, with a volume of 7,194 shares trading hands.
Wall Street Analyst Weigh In
Separately, UBS Group upgraded shares of Makita from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 30th.
View Our Latest Report on MKTAY
Makita Trading Down 0.5 %
The firm has a market cap of $9.24 billion, a P/E ratio of 20.56 and a beta of 0.70. The company's fifty day moving average price is $30.55 and its two-hundred day moving average price is $31.51.
Makita (OTCMKTS:MKTAY - Get Free Report) last issued 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, analysts predict that Makita Co. will post 1.56 EPS for the current fiscal year.
About Makita
(
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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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