Mabuchi Motor (OTCMKTS:MBUMY) Stock Price Down 30.4% – Time to Sell?

Mabuchi Motor Co., Ltd. (OTCMKTS:MBUMYGet Free Report)’s share price was down 30.4% during mid-day trading on Tuesday . The stock traded as low as $5.95 and last traded at $5.95. Approximately 100 shares traded hands during trading, a decline of 94% from the average daily volume of 1,800 shares. The stock had previously closed at $8.55.

Mabuchi Motor Price Performance

The firm’s fifty day simple moving average is $8.43 and its 200 day simple moving average is $7.70.

Mabuchi Motor Company Profile

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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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