Brother Industries (OTCMKTS:BRTHY) Hits New 1-Year High – Here’s Why

Brother Industries Ltd. (OTCMKTS:BRTHY) shares reached a new 52-week high on Thursday . The stock traded as high as $43.89 and last traded at $43.89, with a volume of 256 shares trading hands. The stock had previously closed at $42.20.

Brother Industries Stock Up 4.2%

The firm has a market capitalization of $5.61 billion and a price-to-earnings ratio of 15.24. The business has a 50-day moving average of $39.68 and a two-hundred day moving average of $36.06.

Brother Industries (OTCMKTS:BRTHY) last released its quarterly earnings data on Monday, November 10th. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.04. Brother Industries had a return on equity of 7.84% and a net margin of 6.19%.The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.37 billion. Equities analysts predict that Brother Industries Ltd. will post 2.8 EPS for the current fiscal year.

About Brother Industries

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.