Makita (OTCMKTS:MKTAY) Announces Earnings Results

Makita (OTCMKTS:MKTAY) announced its quarterly earnings data on Friday. The company reported $0.28 earnings per share (EPS) for the quarter, reports. The firm had revenue of $1.28 billion during the quarter. Makita had a return on equity of 5.17% and a net margin of 5.89%.

Makita Price Performance

Shares of OTCMKTS MKTAY opened at $27.18 on Monday. Makita has a one year low of $23.38 and a one year high of $31.88. The business’s fifty day moving average price is $27.14 and its 200-day moving average price is $26.48. The stock has a market capitalization of $7.31 billion, a PE ratio of 24.05 and a beta of 0.77.

About Makita

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.