Brother Industries (OTCMKTS:BRTHY) Reaches New 1-Year High – Here’s Why

Shares of Brother Industries Ltd. (OTCMKTS:BRTHYGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $48.26 and last traded at $48.26, with a volume of 415 shares traded. The stock had previously closed at $44.50.

Brother Industries Price Performance

The company has a market capitalization of $6.04 billion, a P/E ratio of 16.76 and a beta of 0.15. The firm has a fifty day moving average price of $42.31 and a 200-day moving average price of $40.71.

About Brother Industries

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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.

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