Mitsui & Co. (OTCMKTS:MITSY) Shares Gap Up – Should You Buy?

Mitsui & Co. (OTCMKTS:MITSY)’s share price gapped up prior to trading on Friday. The stock had previously closed at $638.45, but opened at $666.85. Mitsui & Co. shares last traded at $643.6460, with a volume of 299 shares.

Analyst Ratings Changes

Separately, Zacks Research lowered Mitsui & Co. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Mitsui & Co. Price Performance

The firm has a market cap of $92.36 billion, a PE ratio of 15.25, a P/E/G ratio of 1.20 and a beta of 0.48. The firm’s fifty day simple moving average is $627.28 and its two-hundred day simple moving average is $668.94. The company has a quick ratio of 1.22, a current ratio of 1.45 and a debt-to-equity ratio of 0.55.

Mitsui & Co. (OTCMKTS:MITSY) last released its earnings results on Monday, August 3rd. The industrial products company reported $13.01 earnings per share for the quarter, beating analysts’ consensus estimates of $9.36 by $3.65. The company had revenue of $27.77 billion for the quarter, compared to analysts’ expectations of $22.29 billion. Mitsui & Co. had a net margin of 6.22% and a return on equity of 10.67%. As a group, research analysts expect that Mitsui & Co. will post 48.18 EPS for the current year.

Mitsui & Co. Company Profile

Mitsui & Co, Ltd. is a diversified Japanese trading and investment company that operates as a global business enterprise. The company develops, manages and invests in businesses across a broad range of industries, connecting suppliers, manufacturers, distributors and customers through international trading, project development and supply-chain services.

Its activities include mineral and metal resources, energy, infrastructure, machinery, chemicals, mobility, food and agriculture, retail, healthcare, information technology and communications.