Mitsubishi Electric Co. (OTCMKTS:MIELY – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $72.1980, but opened at $75.94. Mitsubishi Electric shares last traded at $73.5150, with a volume of 9,129 shares.
Mitsubishi Electric Trading Up 1.4%
The firm has a market capitalization of $77.34 billion, a price-to-earnings ratio of 69.06 and a beta of 0.55. The firm has a fifty day moving average price of $63.73 and a 200 day moving average price of $56.27.
About Mitsubishi Electric
Mitsubishi Electric Corporation (OTCMKTS: MIELY) is a Tokyo-based multinational manufacturer of electrical and electronic equipment. Founded in 1921, the company is part of the broader Mitsubishi Group and has grown into a diversified industrial enterprise serving commercial, industrial and consumer markets. Mitsubishi Electric develops, manufactures and sells a wide range of products and systems used in building systems, factory automation, power generation and distribution, transportation, and information and communication infrastructure.
The company’s product and service portfolio includes air-conditioning and heating systems, elevators and escalators, factory automation and control equipment, power and electric systems, transportation systems and signaling for railways, and semiconductors and electronic devices.
Featured Articles
- Five stocks we like better than Mitsubishi Electric
- ATCX is Sitting on One of Brazil’s Largest Critical Minerals Portfolios!
- Have $500? Invest in Elon’s AI Masterplan
- 3 Signs You May Want to Switch Financial Advisors
- Your Bank Account Is No Longer Safe
- The gold chart Wall Street is terrified of…
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.
