Mitsui & Co. (OTCMKTS:MITSY) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Mitsui & Co. (OTCMKTS:MITSY) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $555.43 and traded as high as $760.43. Mitsui & Co. shares last traded at $737.54, with a volume of 6,733 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered Mitsui & Co. from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Mitsui & Co. Stock Up 1.8%

The firm has a market capitalization of $107.85 billion, a price-to-earnings ratio of 18.79, a P/E/G ratio of 5.80 and a beta of 0.62. The company has a quick ratio of 1.32, a current ratio of 1.46 and a debt-to-equity ratio of 0.58. The company’s 50 day moving average price is $657.62 and its 200 day moving average price is $557.58.

Mitsui & Co. (OTCMKTS:MITSY) last released its earnings results on Tuesday, February 3rd. The industrial products company reported $8.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.57 by ($1.05). Mitsui & Co. had a net margin of 6.13% and a return on equity of 10.55%. The firm had revenue of $23.11 billion during the quarter, compared to analyst estimates of $23.94 billion. Mitsui & Co. has set its FY 2026 guidance at 1.860-1.860 EPS. As a group, research analysts forecast that Mitsui & Co. will post 42.43 earnings per share for the current fiscal year.

Mitsui & Co. Company Profile

Mitsui & Co, Ltd. (OTCMKTS: MITSY) is a global sogo shosha, or general trading company, headquartered in Tokyo, Japan. Established in the aftermath of World War II, Mitsui & Co has grown into one of Japan’s largest trading houses, operating across a wide range of industries to connect producers, manufacturers and consumers around the world.

The company’s core activities include commodity trading, resource and energy development, project and infrastructure development, and strategic investing.