Brother Industries (OTCMKTS:BRTHY) Shares Gap Down – Time to Sell?

Shares of Brother Industries Ltd. (OTCMKTS:BRTHY) gapped down before the market opened on Tuesday . The stock had previously closed at $43.89, but opened at $40.2408. Brother Industries shares last traded at $40.2408, with a volume of 150 shares traded.

Brother Industries Stock Performance

The firm has a market capitalization of $5.14 billion and a price-to-earnings ratio of 13.97. The company has a 50-day moving average price of $40.87 and a 200-day moving average price of $36.95.

Brother Industries (OTCMKTS:BRTHY) last announced its quarterly earnings results on Monday, November 10th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.84 by $0.04. Brother Industries had a net margin of 6.19% and a return on equity of 7.84%. The company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.37 billion. On average, research analysts expect that Brother Industries Ltd. will post 2.8 earnings per share for the current fiscal year.

About Brother Industries

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.