Brother Industries Ltd. (OTCMKTS:BRTHY) Sees Significant Decrease in Short Interest

Key Points

• Brother Industries Ltd. saw a significant decrease in short interest, dropping to 100 shares by mid-August, down from 400 shares at the end of July.
• The company reported earnings of $0.64 per share for the last quarter, missing estimates by $0.21, while revenue totaled $1.45 billion.
• Brother Industries has a market capitalization of $4.35 billion and a PE ratio of 13.03, indicating stable performance relative to its earnings.

Brother Industries Ltd. (OTCMKTS:BRTHY - Get Free Report) was the recipient of a significant decline in short interest in August. As of August 15th, there was short interest totaling 100 shares, adeclineof75.0% from the July 31st total of 400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1.0 days.

Brother Industries Price Performance

Brother Industries stock remained flat at $34.00 during midday trading on Friday. The business's fifty day moving average is $34.02 and its two-hundred day moving average is $34.68. Brother Industries has a 1 year low of $28.75 and a 1 year high of $42.95. The stock has a market cap of $4.35 billion, a price-to-earnings ratio of 13.03 and a beta of 0.27.

Brother Industries (OTCMKTS:BRTHY - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.21). The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $212.05 billion. Brother Industries had a return on equity of 7.24% and a net margin of 5.71%. As a group, sell-side analysts anticipate that Brother Industries will post 2.8 EPS for the current fiscal year.

Brother Industries Company Profile

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.