Mabuchi Motor Co., Ltd. (OTCMKTS:MBUMY – Get Free Report) shares dropped 5.8% on Tuesday . The stock traded as low as $9.41 and last traded at $9.41. Approximately 222 shares traded hands during trading, a decline of 41% from the average daily volume of 375 shares. The stock had previously closed at $9.99.
Mabuchi Motor Price Performance
The business’s fifty day simple moving average is $9.92 and its 200-day simple moving average is $9.81.
Mabuchi Motor Company Profile
Mabuchi Motor Co, Ltd. is a Japan-based manufacturer of small precision motors and related drive systems. The company specializes in the design, development and production of direct current (DC) and brushless motors used in a wide range of applications, from automotive components to consumer electronics. Mabuchi Motor’s products are recognized for their compact size, high performance and long service life, making them a key supplier to original equipment manufacturers (OEMs) around the world.
Founded in 1954 and headquartered in Tokyo, Mabuchi Motor has grown from a domestic operation into a global enterprise with production facilities and sales offices across Asia, Europe and the Americas.
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