Brother Industries (OTCMKTS:BRTHY) Shares Cross Below Fifty Day Moving Average – What’s Next?

Brother Industries Ltd. (OTCMKTS:BRTHY) shares crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $40.81 and traded as low as $40.75. Brother Industries shares last traded at $40.75, with a volume of 281 shares trading hands.

Brother Industries Trading Up 1.3%

The firm has a 50-day simple moving average of $40.81 and a two-hundred day simple moving average of $37.19. The company has a market capitalization of $5.21 billion, a price-to-earnings ratio of 14.15 and a beta of 0.02.

Brother Industries (OTCMKTS:BRTHY) last released its quarterly earnings data on Monday, November 10th. The company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.04. Brother Industries had a return on equity of 7.84% and a net margin of 6.19%.The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.37 billion. On average, sell-side analysts forecast that Brother Industries Ltd. will post 2.8 earnings per share for the current year.

Brother Industries Company Profile

Brother Industries, Ltd. is a multinational electronics and electrical equipment company based in Nagoya, Japan. The company specializes in the design, manufacture and sale of a wide range of products including printers, multifunction printers, label printers, sewing and embroidery machines, garment printers, and industrial sewing machines. In addition to hardware, Brother provides related software solutions and support services to help customers optimize their document workflows, improve production efficiency and maintain equipment performance.

Brother’s printer and imaging division offers laser and inkjet models for home, office and industrial use, with features such as wireless connectivity, cloud integration and high-speed printing.