Brother Industries (OTCMKTS:BRTHY) Shares Gap Up – What’s Next?

Brother Industries Ltd. (OTCMKTS:BRTHY) gapped up prior to trading on Thursday . The stock had previously closed at $45.41, but opened at $48.85. Brother Industries shares last traded at $48.85, with a volume of 265 shares.

Brother Industries Stock Up 3.5%

The firm has a fifty day moving average price of $45.73 and a two-hundred day moving average price of $41.78. The stock has a market capitalization of $6.12 billion, a P/E ratio of 16.96 and a beta of 0.14.

Brother Industries Company Profile

Brother Industries, Ltd. is a multinational electronics and electrical equipment company based in Nagoya, Japan. The company specializes in the design, manufacture and sale of a wide range of products including printers, multifunction printers, label printers, sewing and embroidery machines, garment printers, and industrial sewing machines. In addition to hardware, Brother provides related software solutions and support services to help customers optimize their document workflows, improve production efficiency and maintain equipment performance.

Brother’s printer and imaging division offers laser and inkjet models for home, office and industrial use, with features such as wireless connectivity, cloud integration and high-speed printing.