Mitsui & Co. (OTCMKTS:MITSY) Shares Gap Down – What’s Next?

Mitsui & Co. (OTCMKTS:MITSY)’s stock price gapped down prior to trading on Tuesday. The stock had previously closed at $649.71, but opened at $622.32. Mitsui & Co. shares last traded at $657.71, with a volume of 205 shares traded.

Mitsui & Co. Trading Up 0.1%

The firm has a market capitalization of $92.89 billion, a P/E ratio of 15.33, a P/E/G ratio of 1.14 and a beta of 0.49. The company has a current ratio of 1.45, a quick ratio of 1.22 and a debt-to-equity ratio of 0.55. The stock has a 50 day simple moving average of $634.51 and a 200-day simple moving average of $667.78.

Mitsui & Co. (OTCMKTS:MITSY) last issued its quarterly earnings data on Monday, August 3rd. The industrial products company reported $13.01 earnings per share for the quarter, topping the consensus estimate of $9.36 by $3.65. Mitsui & Co. had a net margin of 6.22% and a return on equity of 10.67%. The firm had revenue of $27.77 billion for the quarter, compared to analysts’ expectations of $22.29 billion. On average, equities research analysts forecast that Mitsui & Co. will post 48.18 EPS for the current fiscal year.

Mitsui & Co. Company Profile

Mitsui & Co, Ltd. is a Japanese general trading and investment company, commonly known as a sogo shosha. The company develops businesses, arranges the international trade of goods and services, and invests in projects and operating companies across a broad range of industries.

Its activities include mineral and metal resources, energy, infrastructure, mobility, machinery, chemicals, food and agriculture, healthcare, retail, information technology, and communications. Mitsui participates in areas such as natural gas and energy development, transportation and industrial equipment, logistics, digital services, and food distribution, often working with business partners and portfolio companies to build supply chains and operate projects.

Mitsui traces its modern corporate history to the establishment of Mitsui & Co in 1947, building on the longer commercial heritage of the Mitsui business group.