Makita (OTCMKTS:MKTAY) Stock Crosses Below 200-Day Moving Average of $27.66

Makita Co. (OTCMKTS:MKTAY)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.66 and traded as low as $27.32. Makita shares last traded at $27.34, with a volume of 25,885 shares trading hands.

Makita Stock Performance

The stock has a market cap of $7.24 billion, a PE ratio of 23.83 and a beta of 0.76. The company has a 50 day moving average of $28.97 and a two-hundred day moving average of $27.65.

Makita (OTCMKTS:MKTAY) last posted its quarterly earnings data on Friday, April 26th. The company reported $0.28 earnings per share (EPS) for the quarter. Makita had a return on equity of 5.12% and a net margin of 5.89%. The company had revenue of $1.28 billion for the quarter. As a group, equities research analysts anticipate that Makita Co. will post 1.31 EPS for the current year.

Makita Company Profile

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.