Brother Industries (OTCMKTS:BRTHY) Shares Pass Below 50 Day Moving Average - Should You Sell?

Key Points

• Brother Industries' stock dropped below its 50-day moving average of $34.24, trading as low as $33.50, indicating potential bearish sentiment.
• Zacks Research upgraded the company's rating from a "strong sell" to a "hold," with a consensus rating for Brother Industries remaining at "Hold."
• In its latest earnings report, Brother Industries missed analysts' expectations, posting $0.64 EPS against a consensus estimate of $0.85, highlighting recent financial struggles.

Brother Industries Ltd. (OTCMKTS:BRTHY - Get Free Report) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $34.24 and traded as low as $33.50. Brother Industries shares last traded at $33.50, with a volume of 302 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Brother Industries from a "strong sell" rating to a "hold" rating in a research report on Monday, September 15th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Brother Industries has a consensus rating of "Hold".

Brother Industries Trading Down 4.3%

The firm has a market capitalization of $4.28 billion, a P/E ratio of 12.84 and a beta of 0.27. The stock has a 50-day simple moving average of $34.24 and a two-hundred day simple moving average of $34.24.

Brother Industries (OTCMKTS:BRTHY - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.64 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.85 by ($0.21). The firm had revenue of $1.45 billion for 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, research analysts expect that Brother Industries Ltd. will post 2.8 EPS for the current 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.

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