Brother Industries (OTCMKTS:BRTHY) Sees Unusually-High Trading Volume – Here’s Why

Shares of Brother Industries Ltd. (OTCMKTS:BRTHY) saw unusually-strong trading volume on Friday . Approximately 5,100 shares changed hands during mid-day trading, an increase of 242% from the previous session’s volume of 1,491 shares.The stock last traded at $35.50 and had previously closed at $34.31.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Brother Industries from a “strong sell” rating to a “hold” rating in a report on Monday, September 15th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Brother Industries Stock Up 3.5%

The company’s fifty day simple moving average is $34.33 and its two-hundred day simple moving average is $34.09. The company has a market capitalization of $4.54 billion, a price-to-earnings ratio of 13.60 and a beta of 0.27.

Brother Industries (OTCMKTS:BRTHY) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.21). Brother Industries had a return on equity of 7.24% and a net margin of 5.71%.The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $212.05 billion. Equities research analysts expect that Brother Industries Ltd. will post 2.8 earnings per share for the current year.

About Brother Industries

Brother Industries, Ltd. manufactures and sells communications and printing equipment in Japan, the Americas, Europe, Asia, Oceania, the Middle East, Africa, and internationally. It operates through Printing & Solutions, Machinery, Domino, Nissei, Personal & Home, and Network & Contents segments.