Makita (OTCMKTS:MKTAY) Posts Earnings Results

Makita (OTCMKTS:MKTAY) announced its quarterly earnings data on Wednesday. The company reported $0.58 EPS for the quarter, Zacks reports. Makita had a return on equity of 6.30% and a net margin of 7.53%.

Makita Stock Up 2.9 %

MKTAY stock opened at $31.90 on Thursday. Makita has a twelve month low of $24.59 and a twelve month high of $35.49. The business’s fifty day moving average is $30.46 and its 200-day moving average is $31.26. The company has a market cap of $8.58 billion, a P/E ratio of 21.38 and a beta of 0.74.

Makita Company Profile

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.