Mitsubishi Electric Co. (OTCMKTS:MIELF – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $31.0650 and last traded at $31.0650, with a volume of 2132 shares changing hands. The stock had previously closed at $29.60.
Mitsubishi Electric Price Performance
The company has a fifty day moving average price of $28.67 and a two-hundred day moving average price of $25.68. The firm has a market cap of $66.70 billion, a price-to-earnings ratio of 33.05 and a beta of 0.63.
Mitsubishi Electric Company Profile
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.
Recommended Stories
- Five stocks we like better than Mitsubishi Electric
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- This stock gets a 94 out of 100
- The $100 Trillion AI Story No One Is Telling You
- 3 Overlooked Deductions to Help Potentially Minimize Capital Gains Tax
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.
