Mitsubishi Estate (OTCMKTS:MITEY) Sees Large Volume Increase – What’s Next?

Mitsubishi Estate Co. (OTCMKTS:MITEY) shares saw strong trading volume on Wednesday . 93,579 shares traded hands during trading, an increase of 135% from the previous session’s volume of 39,903 shares.The stock last traded at $31.7350 and had previously closed at $31.78.

Mitsubishi Estate Stock Performance

The stock has a market capitalization of $38.66 billion, a P/E ratio of 24.81 and a beta of 0.10. The company’s fifty day simple moving average is $26.04 and its two-hundred day simple moving average is $23.42. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.45 and a current ratio of 2.09.

Mitsubishi Estate (OTCMKTS:MITEY) last announced its earnings results on Monday, February 9th. The company reported $0.31 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.31. The company had revenue of $3 billion for the quarter, compared to analyst estimates of $3.04 billion. Mitsubishi Estate had a return on equity of 5.55% and a net margin of 13.66%.Mitsubishi Estate has set its FY 2026 guidance at 1.180-1.180 EPS.

About Mitsubishi Estate

Mitsubishi Estate Co, Ltd. (OTCMKTS: MITEY) is one of Japan’s largest real estate developers and a core company within the Mitsubishi corporate group. Headquartered in Tokyo, the firm is best known for large-scale urban development and property leasing, including landmark office districts and mixed-use complexes in central Tokyo. Its businesses span the full real estate value chain, from land acquisition and project development to leasing, sales, property and facility management, and real estate investment management.

The company’s commercial activities cover office buildings, retail and commercial facilities, residential housing, hotels and resorts, and logistics properties.