Shares of Makita Co. (OTCMKTS:MKTAY - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $31.25 and traded as low as $30.00. Makita shares last traded at $30.99, with a volume of 10,341 shares traded.
Makita Trading Up 2.9 %
The firm's fifty day simple moving average is $30.42 and its two-hundred day simple moving average is $31.25. The company has a market capitalization of $8.58 billion, a price-to-earnings ratio of 22.95 and a beta of 0.74.
Makita (OTCMKTS:MKTAY - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The company reported $0.58 EPS for the quarter. Makita had a return on equity of 6.30% and a net margin of 7.53%. As a group, analysts forecast that Makita Co. will post 1.42 EPS for the current fiscal 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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