Makita Co. (OTCMKTS:MKTAY – Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $30.75 and traded as low as $29.29. Makita shares last traded at $29.37, with a volume of 6,631 shares changing hands.
Makita Stock Down 1.8 %
The business has a 50-day moving average price of $32.45 and a two-hundred day moving average price of $30.76. The company has a market capitalization of $7.90 billion, a price-to-earnings ratio of 21.13 and a beta of 0.76.
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.
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