Mitsubishi Electric Co. (OTCMKTS:MIELF – Get Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $31.33 and last traded at $31.33, with a volume of 3460 shares. The stock had previously closed at $30.44.
Mitsubishi Electric Trading Up 2.9%
The business’s fifty day moving average price is $29.03 and its 200-day moving average price is $26.12. The company has a market capitalization of $67.27 billion, a P/E ratio of 33.33 and a beta of 0.63.
About Mitsubishi Electric
Mitsubishi Electric Corporation (trading OTC as MIELF) is a diversified Japanese multinational manufacturer of electrical and electronic equipment. Established in 1921 as part of the broader Mitsubishi group, the company is headquartered in Tokyo and has grown into a global supplier of products and systems for industrial, commercial, infrastructure and consumer markets.
The company’s operations span a wide range of businesses including power and energy systems, factory automation and industrial machinery, building systems such as elevators and escalators, heating, ventilation and air-conditioning (HVAC) equipment, transportation systems including railway and traffic control solutions, and space and defense-related products.
Further Reading
- Five stocks we like better than Mitsubishi Electric
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company
- The Crash Has Already Started (Most Just Don’t See It Yet)
Receive News & Ratings for Mitsubishi Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi Electric and related companies with MarketBeat.com's FREE daily email newsletter.
