Shares of Brother Industries Ltd. (OTCMKTS:BRTHY – Get Free Report) gapped down before the market opened on Monday. The stock had previously closed at $59.84, but opened at $49.39. Brother Industries shares last traded at $49.39, with a volume of 197 shares traded.
Brother Industries Stock Down 8.5%
The stock has a fifty day moving average price of $59.65 and a two-hundred day moving average price of $47.79. The company has a market cap of $6.18 billion, a price-to-earnings ratio of 12.86 and a beta of 0.32.
Brother Industries (OTCMKTS:BRTHY – Get Free Report) last released its quarterly earnings results on Monday, November 9th. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $0.88 by $0.22.
About Brother Industries
Brother Industries is a Japan-based manufacturer of office equipment, printing products and machinery. The company’s products include printers, multifunction devices, scanners and label printers, as well as sewing and embroidery machines for home and industrial use.
Brother also makes industrial equipment, including machine tools and industrial sewing machines, and provides related services and supplies. Its products are sold to consumers and businesses through a global network serving markets in Japan, the Americas, Europe and Asia.
The company traces its origins to a sewing-machine repair business established in Nagoya, Japan, in 1908.
Further Reading
- Five stocks we like better than Brother Industries
- Want to Escape the AI Sell-Off? This ETF Offers a Surprising Alternative
- America’s Rare Earth Clock Is Running Out, But the Bottleneck Isn’t Where You Think
- Atlassian Tanks After Huge Run as Guidance Disappoints, But Strength Remains
- Lemonade’s Revenue Soars 73%—So Why Did Its Stock Turn Sour After Earnings?
Receive News & Ratings for Brother Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brother Industries and related companies with MarketBeat.com's FREE daily email newsletter.
