Mitsui Chemicals (OTCMKTS:MITUY) Trading Up 9.6% – Time to Buy?

Shares of Mitsui Chemicals, Inc. (OTCMKTS:MITUYGet Free Report) traded up 9.6% on Friday . The stock traded as high as $14.91 and last traded at $14.91. 118 shares were traded during mid-day trading, a decline of 80% from the average session volume of 604 shares. The stock had previously closed at $13.60.

Mitsui Chemicals Stock Up 9.6%

The stock’s 50 day simple moving average is $12.76 and its 200 day simple moving average is $12.29.

Mitsui Chemicals Company Profile

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Mitsui Chemicals, Inc, a member of the Mitsui Group and headquartered in Tokyo, Japan, is a leading global chemical manufacturer serving a wide range of industries. The company develops, produces and markets an extensive portfolio of chemical products, from basic petrochemicals and performance materials to advanced functional solutions. Its operations span the full value chain, including research and development, manufacturing and sales of a diverse array of specialty chemicals and plastics.

The firm’s primary business activities are organized into several segments.

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