Makita (OTCMKTS:MKTAY) Releases Earnings Results

Makita (OTCMKTS:MKTAY) issued its quarterly earnings data on Friday. The company reported $0.28 earnings per share for the quarter, reports. The business had revenue of $1.28 billion during the quarter. Makita had a net margin of 6.21% and a return on equity of 5.63%.

Makita Stock Performance

Shares of Makita stock opened at $27.18 on Friday. The firm has a 50-day simple moving average of $27.14 and a two-hundred day simple moving average of $26.47. The company has a market cap of $7.31 billion, a P/E ratio of 24.05 and a beta of 0.77. Makita has a fifty-two week low of $23.38 and a fifty-two week high of $31.88.

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.