Makita Co. (OTCMKTS:MKTAY – Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $31.19 and traded as low as $28.97. Makita shares last traded at $29.01, with a volume of 13,633 shares.
Makita Trading Up 1.4 %
The company’s fifty day simple moving average is $30.39 and its 200 day simple moving average is $31.19. The stock has a market capitalization of $7.80 billion, a P/E ratio of 20.87 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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