Makita Co. (OTCMKTS:MKTAY - Get 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 traded.
Makita Stock Performance
The firm has a 50-day moving average price of $30.39 and a 200-day moving average price of $31.19. The stock has a market cap of $8.01 billion, a P/E ratio of 21.41 and a beta of 0.74.
Makita (OTCMKTS:MKTAY - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.55 earnings per share for the quarter. Makita had a return on equity of 6.30% and a net margin of 7.53%. The firm had revenue of $1.29 billion for the quarter. On average, research analysts predict that Makita Co. will post 1.42 earnings per share 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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