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

Shares of Makita Co. (OTCMKTS:MKTAYGet 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 traded.

Makita Stock Performance

The company’s 50 day simple moving average is $32.45 and its 200 day simple moving average is $30.76. The stock has a market cap of $7.90 billion, a PE ratio of 21.13 and a beta of 0.76.

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.

Further Reading

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