Makita Corp. (OTCMKTS:MKTAY – Get Free Report)’s share price crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $33.50 and traded as high as $34.29. Makita shares last traded at $33.62, with a volume of 18,850 shares.
Makita Price Performance
The business has a fifty day moving average of $33.50 and a 200 day moving average of $34.60. The stock has a market cap of $8.89 billion, a PE ratio of 15.56 and a beta of 0.59.
Makita (OTCMKTS:MKTAY – Get Free Report) last released its earnings results on Friday, October 30th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.51 by $0.10. Makita had a return on equity of 8.23% and a net margin of 10.40%. The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.30 billion.
Makita Company Profile
Makita Corporation is a Japanese manufacturer of professional power tools and related equipment. The company’s product portfolio includes cordless and corded tools such as drills, impact drivers, saws, grinders, sanders, planers, and rotary hammers, as well as pneumatic tools, outdoor power equipment, batteries, chargers, accessories, and related products.
Makita serves professional users and consumers in the construction, woodworking, manufacturing, maintenance, landscaping, and home-improvement markets.
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