Mitsubishi Electric (OTCMKTS:MIELF – Get Free Report) is anticipated to post its results after the market closes on Friday, October 30th. Analysts expect the company to announce earnings of $0.4012 per share and revenue of $9.85 billion for the quarter.
Mitsubishi Electric Trading Down 6.2%
Mitsubishi Electric stock opened at $29.20 on Thursday. The stock has a 50-day moving average price of $32.90 and a 200 day moving average price of $35.43. Mitsubishi Electric has a 52 week low of $26.25 and a 52 week high of $44.01. The stock has a market cap of $62.71 billion, a PE ratio of 31.07 and a beta of 0.63.
About Mitsubishi Electric
Mitsubishi Electric Corporation is a Japan-based global manufacturer of electrical and electronic equipment. Founded in 1921 and headquartered in Tokyo, the company develops technologies and systems for industrial, infrastructure, commercial and consumer applications.
Its products and services include factory automation equipment, industrial robots, control systems, power-generation and distribution equipment, transportation systems, elevators and escalators, air-conditioning and building systems, and automotive equipment.
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