Brother Industries Ltd. (OTCMKTS:BRTHY – Get Free Report) shares gapped down prior to trading on Monday. The stock had previously closed at $59.84, but opened at $49.39. Brother Industries shares last traded at $49.39, with a volume of 197 shares trading hands.
Brother Industries Trading Down 8.5%
The business’s 50 day moving average price is $59.65 and its 200-day moving average price is $47.79. The company has a market cap of $6.18 billion, a price-to-earnings ratio of 12.86 and a beta of 0.32.
Brother Industries (OTCMKTS:BRTHY – Get Free Report) last announced its quarterly earnings results on Monday, November 9th. The company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.22.
About Brother Industries
Brother Industries is a Japan-based manufacturer of office equipment, printing products and machinery. The company’s products include printers, multifunction devices, scanners and label printers, as well as sewing and embroidery machines for home and industrial use.
Brother also makes industrial equipment, including machine tools and industrial sewing machines, and provides related services and supplies. Its products are sold to consumers and businesses through a global network serving markets in Japan, the Americas, Europe and Asia.
The company traces its origins to a sewing-machine repair business established in Nagoya, Japan, in 1908.
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