Makita (OTCMKTS:MKTAY) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Makita Co. (OTCMKTS:MKTAYGet Free Report) passed 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 changing hands.

Makita Trading Up 3.0 %

The firm has a 50 day moving average price of $31.25 and a 200-day moving average price of $30.93. The firm has a market cap of $8.24 billion, a PE ratio of 22.04 and a beta of 0.74.

Makita Company Profile

(Get Free Report)

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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