Makita (OTCMKTS:MKTAY) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Makita Co. (OTCMKTS:MKTAYGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $31.03 and traded as low as $30.38. Makita shares last traded at $30.85, with a volume of 15,757 shares.

Makita Stock Performance

The stock has a market cap of $8.30 billion, a price-to-earnings ratio of 22.19 and a beta of 0.74. The stock has a fifty day simple moving average of $30.92 and a two-hundred day simple moving average of $31.03.

About Makita

(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.

Further Reading

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