Brother Industries (OTCMKTS:BRTHY) Share Price Passes Below 50 Day Moving Average - Here's Why

Brother Industries, Ltd. (OTCMKTS:BRTHY - Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $35.37 and traded as low as $31.40. Brother Industries shares last traded at $33.91, with a volume of 496 shares.

Brother Industries Stock Performance

The firm has a market capitalization of $4.35 billion, a P/E ratio of 18.99 and a beta of 0.22. The business has a fifty day moving average of $35.14 and a 200-day moving average of $35.27.

Brother Industries (OTCMKTS:BRTHY - Get Free Report) last released its quarterly earnings results on Friday, May 9th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.21). The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $220.08 billion. Brother Industries had a return on equity of 5.02% and a net margin of 4.00%. On average, equities research analysts forecast that Brother Industries, Ltd. will post 2.8 earnings per share 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.