Makita (OTCMKTS:MKTAY) Stock Passes Below 200-Day Moving Average – Time to Sell?

by · The Cerbat Gem

Shares of Makita Co. (OTCMKTS:MKTAY – Get Free Report) 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.

Makita Trading Up 3.0 %

The stock has a market capitalization of $8.24 billion, a P/E ratio of 22.04 and a beta of 0.74. The stock’s fifty day moving average price is $31.21 and its two-hundred day moving average price is $30.95.

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.

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