Mabuchi Motor (OTCMKTS:MBUMY) Shares Down 5.8% – Here’s What Happened

Mabuchi Motor Co., Ltd. (OTCMKTS:MBUMYGet Free Report) was down 5.8% on Tuesday . The stock traded as low as $9.41 and last traded at $9.41. Approximately 222 shares were traded during mid-day trading, a decline of 41% from the average session volume of 375 shares. The stock had previously closed at $9.99.

Mabuchi Motor Price Performance

The stock has a 50-day moving average price of $9.92 and a two-hundred day moving average price of $9.81.

Mabuchi Motor Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Mabuchi Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mabuchi Motor and related companies with MarketBeat.com's FREE daily email newsletter.