Shares of Makita Co. (OTCMKTS:MKTAY – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $30.93 and traded as low as $30.01. Makita shares last traded at $30.63, with a volume of 21,102 shares trading hands.
Makita Price Performance
The firm’s 50 day moving average is $31.21 and its 200 day moving average is $30.95. The company has a market cap of $8.24 billion, a PE ratio of 22.04 and a beta of 0.74.
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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