Brother Industries (OTCMKTS:BRTHY) Stock Price Down 9.5% - Here's Why

Shares of Brother Industries Ltd. (OTCMKTS:BRTHY - Get Free Report) fell 9.5% on Thursday . The company traded as low as $31.59 and last traded at $31.59. 616 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 1,635 shares. The stock had previously closed at $34.92.

Brother Industries Trading Down 9.5%

The stock has a 50 day moving average price of $34.02 and a two-hundred day moving average price of $34.59. The company has a market cap of $4.04 billion, a price-to-earnings ratio of 11.28 and a beta of 0.20.

Brother Industries (OTCMKTS:BRTHY - Get Free Report) last posted its quarterly earnings data on Friday, May 9th. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.21). Brother Industries had a return on equity of 7.88% and a net margin of 6.24%. The firm had revenue of $1.50 billion for the quarter, compared to analysts' expectations of $220.08 billion. On average, equities analysts forecast that Brother Industries Ltd. will post 2.8 EPS for the current fiscal 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.