Makita Co. (OTCMKTS:MKTAY - Get Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $31.21 and traded as low as $30.11. Makita shares last traded at $31.12, with a volume of 16,489 shares trading hands.
Analysts Set New Price Targets
Separately, UBS Group raised shares of Makita from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 30th.
Check Out Our Latest Stock Report on Makita
Makita Stock Down 0.0 %
The company has a market capitalization of $8.37 billion, a PE ratio of 18.63 and a beta of 0.74. The company's 50 day moving average is $30.07 and its two-hundred day moving average is $31.21.
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 7.59%. Analysts forecast that Makita Co. will post 1.56 EPS for the current year.
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.
Read More
Before you consider Makita, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Makita wasn't on the list.
While Makita currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
