Mitsui & Co. (OTCMKTS:MITSY) Downgraded by Zacks Research to Hold

Zacks Research downgraded shares of Mitsui & Co. (OTCMKTS:MITSY) from a strong-buy rating to a hold rating in a research report sent to investors on Tuesday,Zacks.com reports.

Mitsui & Co. Stock Down 1.9%

OTCMKTS MITSY opened at $628.10 on Tuesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.41. The firm has a 50-day simple moving average of $742.39 and a 200 day simple moving average of $677.87. Mitsui & Co. has a twelve month low of $388.00 and a twelve month high of $835.49. The stock has a market cap of $89.72 billion, a PE ratio of 16.26, a PEG ratio of 1.17 and a beta of 0.45.

Mitsui & Co. (OTCMKTS:MITSY) last released its earnings results on Thursday, April 30th. The industrial products company reported $9.94 earnings per share for the quarter, missing the consensus estimate of $10.81 by ($0.87). Mitsui & Co. had a net margin of 5.96% and a return on equity of 9.81%. The company had revenue of $23.22 billion during the quarter, compared to the consensus estimate of $34.72 billion. On average, research analysts forecast that Mitsui & Co. will post 47.56 EPS for the current year.

Mitsui & Co. Company Profile

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.