Mitsubishi (OTCMKTS:MSBHF) Trading Down 1.3% – What’s Next?

Mitsubishi Co. (OTCMKTS:MSBHF)’s stock price traded down 1.3% during trading on Monday . The company traded as low as $18.42 and last traded at $18.65. 31,420 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 39,899 shares. The stock had previously closed at $18.90.

Analyst Ratings Changes

Separately, Macquarie cut shares of Mitsubishi from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 7th.

Mitsubishi Trading Down 1.3 %

The stock has a market cap of $74.16 billion, a PE ratio of 10.78 and a beta of 0.63. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.13 and a current ratio of 1.46. The stock has a fifty day moving average price of $16.71 and a 200 day moving average price of $17.68.

Mitsubishi (OTCMKTS:MSBHF) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.35 EPS for the quarter. Mitsubishi had a net margin of 5.81% and a return on equity of 10.56%. Equities analysts expect that Mitsubishi Co. will post 1.6 EPS for the current year.

About Mitsubishi

Mitsubishi Corporation engages in the natural gas, industrial materials and infrastructure, petroleum and chemicals, mineral resources, automotive and mobility, food and consumer industry, power solution, and urban development businesses worldwide. The Natural Gas segment engages in the development and production of natural gas/oil; and liquified natural gas business.