Shares of Brother Industries Ltd. (OTCMKTS:BRTHY – Get Free Report) were up 7.5% during mid-day trading on Tuesday . The company traded as high as $58.15 and last traded at $58.15. Approximately 505 shares were traded during mid-day trading, an increase of 68% from the average daily volume of 300 shares. The stock had previously closed at $54.11.
Brother Industries Stock Performance
The business has a fifty day simple moving average of $47.71 and a 200 day simple moving average of $42.71. The stock has a market cap of $7.28 billion, a price-to-earnings ratio of 20.19 and a beta of 0.14.
About Brother Industries
Brother Industries, Ltd. is a multinational electronics and electrical equipment company based in Nagoya, Japan. The company specializes in the design, manufacture and sale of a wide range of products including printers, multifunction printers, label printers, sewing and embroidery machines, garment printers, and industrial sewing machines. In addition to hardware, Brother provides related software solutions and support services to help customers optimize their document workflows, improve production efficiency and maintain equipment performance.
Brother’s printer and imaging division offers laser and inkjet models for home, office and industrial use, with features such as wireless connectivity, cloud integration and high-speed printing.
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