Brother Industries (OTCMKTS:BRTHY) Sets New 12-Month High – Time to Buy?

Brother Industries Ltd. (OTCMKTS:BRTHYGet Free Report)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $44.52 and last traded at $44.21, with a volume of 1060 shares. The stock had previously closed at $40.40.

Brother Industries Stock Up 9.4%

The company has a market cap of $5.65 billion, a P/E ratio of 15.35 and a beta of 0.08. The firm’s 50 day moving average is $37.78 and its two-hundred day moving average is $38.99.

Brother Industries Company Profile

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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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