Shares of Mitsubishi Co. (OTCMKTS:MSBHY – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $40.23 and traded as low as $39.30. Mitsubishi shares last traded at $40.23, with a volume of 8,200 shares changing hands.
Mitsubishi Stock Performance
The stock has a 50-day moving average price of $40.23 and a 200 day moving average price of $40.23. The company has a quick ratio of 1.06, a current ratio of 1.33 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $29.89 billion and a price-to-earnings ratio of 8.65.
About Mitsubishi
Mitsubishi is a historic Japanese industrial group whose companies operate across a wide range of sectors including trading, natural resources and energy, industrial machinery, chemicals, automotive-related businesses, food and consumer goods, real estate, and financial services. Many Mitsubishi entities act as trading and investment houses that source, distribute and invest in commodities and finished goods, develop infrastructure and energy projects, and provide corporate and financial solutions to multinational clients.
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