Mitsui & Co. (OTCMKTS:MITSY) Shares Gap Up – Here’s Why

Mitsui & Co. (OTCMKTS:MITSY)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $707.4440, but opened at $740.8401. Mitsui & Co. shares last traded at $716.68, with a volume of 288 shares trading hands.

Wall Street Analyst Weigh In

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

Mitsui & Co. Stock Down 0.2%

The stock has a 50 day moving average price of $642.27 and a 200 day moving average price of $547.12. The stock has a market capitalization of $102.59 billion, a price-to-earnings ratio of 17.88, a price-to-earnings-growth ratio of 5.86 and a beta of 0.62. The company has a quick ratio of 1.32, a current ratio of 1.61 and a debt-to-equity ratio of 0.50.

Mitsui & Co. (OTCMKTS:MITSY) last released its quarterly earnings data 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). The firm had revenue of $23.11 billion during the quarter, compared to analyst estimates of $23.94 billion. Mitsui & Co. had a net margin of 6.13% and a return on equity of 10.67%. Mitsui & Co. has set its FY 2026 guidance at 1.860-1.860 EPS. As a group, analysts forecast that Mitsui & Co. will post 42.43 EPS for the current year.

About Mitsui & Co.

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.