Makita (OTCMKTS:MKTAY – Get Free Report) posted its quarterly earnings results on Friday. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.51 by $0.10, Zacks reports. Makita had a net margin of 10.40% and a return on equity of 8.23%.
Makita Price Performance
MKTAY stock traded up $0.32 during mid-day trading on Friday, reaching $33.62. The company had a trading volume of 18,850 shares, compared to its average volume of 18,263. The company has a market capitalization of $8.89 billion, a PE ratio of 16.40 and a beta of 0.59. The firm has a 50 day moving average of $33.48 and a 200 day moving average of $34.60. Makita has a 12 month low of $26.76 and a 12 month high of $41.20.
Makita Company Profile
Makita Corporation is a Japanese manufacturer of professional power tools and related equipment. The company’s product portfolio includes cordless and corded tools such as drills, impact drivers, saws, grinders, sanders, planers, and rotary hammers, as well as pneumatic tools, outdoor power equipment, batteries, chargers, accessories, and related products.
Makita serves professional users and consumers in the construction, woodworking, manufacturing, maintenance, landscaping, and home-improvement markets.
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