Mitsubishi Chemical (OTCMKTS:MTLHY) Issues Quarterly Earnings Results

Mitsubishi Chemical (OTCMKTS:MTLHY) issued its quarterly earnings results on Friday. The company reported $1.33 EPS for the quarter, Zacks reports. The business had revenue of $6.30 billion during the quarter.

Mitsubishi Chemical Stock Performance

Shares of MTLHY stock opened at $36.25 on Friday. The firm has a market capitalization of $10.45 billion, a P/E ratio of 59.43 and a beta of 0.65. Mitsubishi Chemical has a 1 year low of $25.86 and a 1 year high of $38.74. The firm’s fifty day simple moving average is $34.90 and its 200 day simple moving average is $32.54. The company has a current ratio of 1.50, a quick ratio of 1.02 and a debt-to-equity ratio of 0.62.

Mitsubishi Chemical Company Profile

Mitsubishi Chemical (OTCMKTS:MTLHY) is the U.S. trading line of Mitsubishi Chemical Holdings Corporation, one of Japan’s leading integrated chemical companies. The company operates through a diversified portfolio of specialty chemicals, performance materials, petrochemicals and healthcare products. Its product offering spans from high‐performance plastics, electronic and battery materials to pharmaceutical intermediates, industrial gases and carbon‐fiber composites designed for automotive, electronics and aerospace applications.

Founded originally as Mitsubishi Chemical Corporation in 1933 and reorganized under Mitsubishi Chemical Holdings in 2005, the company is part of the broader Mitsubishi keiretsu.