Shares of Mitsubishi Corp. (OTCMKTS:MSBHF – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 10,140 shares were traded during trading, an increase of 134% from the previous session’s volume of 4,330 shares.The stock last traded at $23.15 and had previously closed at $23.1350.
Mitsubishi Stock Performance
The company has a quick ratio of 1.13, a current ratio of 1.44 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $92.85 billion, a P/E ratio of 19.62 and a beta of 0.64. The business has a fifty day moving average price of $23.65 and a 200-day moving average price of $22.55.
Mitsubishi (OTCMKTS:MSBHF – Get Free Report) last issued its earnings results on Tuesday, November 4th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.02). The company had revenue of $29.97 billion during the quarter, compared to analysts’ expectations of $27.73 billion. Mitsubishi had a return on equity of 6.97% and a net margin of 3.86%. On average, sell-side analysts expect that Mitsubishi Corp. will post 1.6 EPS for the current year.
Mitsubishi Company Profile
Mitsubishi is a long-established Japanese business family and brand that today encompasses a group of independent companies operating across a wide range of industries. The Mitsubishi name traces back to the late 19th century and the founding of a shipping firm that grew into a diversified industrial and trading conglomerate. Over time the original zaibatsu was reorganized into a number of separately managed companies that nonetheless share the Mitsubishi mark and coordinate through cross-shareholdings and business relationships.
Companies using the Mitsubishi name are active in sectors including industrial machinery and heavy equipment, automotive manufacturing, electrical and electronic equipment, chemicals and materials, energy and natural resources, trading and logistics, finance and banking, real estate, and food and consumer products.
See Also
- Five stocks we like better than Mitsubishi
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- The $100 Trillion AI Story No One Is Telling You
- This stock gets a 94 out of 100
- The Crash Has Already Started (Most Just Don’t See It Yet)
Receive News & Ratings for Mitsubishi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi and related companies with MarketBeat.com's FREE daily email newsletter.
