Shares of Mitsubishi Electric Co. (OTCMKTS:MIELY – Get Free Report) saw an uptick in trading volume on Tuesday . 176,940 shares were traded during trading, an increase of 77% from the previous session’s volume of 99,907 shares.The stock last traded at $55.54 and had previously closed at $54.08.
Mitsubishi Electric Stock Performance
The company has a fifty day simple moving average of $53.66 and a 200 day simple moving average of $48.22. The stock has a market capitalization of $60.51 billion, a price-to-earnings ratio of 54.03 and a beta of 0.57.
About Mitsubishi Electric
Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.
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