Mitsubishi Chemical Group (OTCMKTS:MTLHY) Stock Price Passes Above Fifty Day Moving Average of $28.33

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHYGet Rating)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $28.33 and traded as high as $28.41. Mitsubishi Chemical Group shares last traded at $27.97, with a volume of 1,443 shares.

Mitsubishi Chemical Group Stock Up 1.1 %

The company has a quick ratio of 0.85, a current ratio of 1.40 and a debt-to-equity ratio of 0.87. The firm has a market cap of $8.43 billion, a P/E ratio of 13.32 and a beta of 0.48. The stock’s 50-day simple moving average is $28.39 and its 200 day simple moving average is $25.96.

Mitsubishi Chemical Group (OTCMKTS:MTLHYGet Rating) last issued its quarterly earnings results on Tuesday, February 7th. The company reported ($1.36) EPS for the quarter. The firm had revenue of $8.06 billion for the quarter. Mitsubishi Chemical Group had a net margin of 1.83% and a return on equity of 4.07%.

About Mitsubishi Chemical Group

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Mitsubishi Chemical Group Corp. engages in the management of its group companies. It operates through the following segments: Functional Products, Chemicals, Industrial Gas, and Healthcare. The Functional Products segment sells electronics, displays, films, environment and life solutions, molding materials, polymers, chemicals, and new energy to domestic and overseas customers.

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