Makita Corp. (OTCMKTS:MKTAY – Get Free Report) shares passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $34.69 and traded as high as $35.17. Makita shares last traded at $35.13, with a volume of 29,468 shares.
Makita Trading Up 1.7%
The company has a fifty day moving average price of $33.63 and a two-hundred day moving average price of $34.69. The firm has a market capitalization of $9.29 billion, a price-to-earnings ratio of 16.26 and a beta of 0.69.
Makita (OTCMKTS:MKTAY – Get Free Report) last posted its quarterly 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 8.60% and a net margin of 10.87%. The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.30 billion.
Makita Company Profile
Further Reading
- Five stocks we like better than Makita
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Receive News & Ratings for Makita Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Makita and related companies with MarketBeat.com's FREE daily email newsletter.
