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

Makita Co. (OTCMKTS:MKTAYGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $30.93 and traded as low as $30.01. Makita shares last traded at $30.63, with a volume of 21,102 shares traded.

Makita Stock Up 3.0 %

The company has a 50-day moving average of $31.25 and a 200 day moving average of $30.93. The stock has a market capitalization of $8.24 billion, a PE ratio of 22.04 and a beta of 0.74.

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.

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