Makita (OTCMKTS:MKTAY) Releases Earnings Results

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

Makita Price Performance

Makita stock opened at $30.99 on Wednesday. Makita has a fifty-two week low of $24.59 and a fifty-two week high of $35.49. The firm’s 50 day simple moving average is $30.42 and its 200-day simple moving average is $31.25. The company has a market cap of $8.34 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.