Macquarie lowered shares of Mitsubishi (OTCMKTS:MSBHF - Free Report) from a strong-buy rating to a hold rating in a research note published on Tuesday morning,Zacks.com reports.
Mitsubishi Price Performance
OTCMKTS MSBHF traded up $0.13 during midday trading on Tuesday, hitting $16.00. The company had a trading volume of 38,110 shares, compared to its average volume of 25,202. The firm has a 50-day moving average price of $16.89 and a 200-day moving average price of $19.01. The company has a market capitalization of $35.43 billion, a PE ratio of 10.53 and a beta of 0.64. The company has a current ratio of 1.46, a quick ratio of 1.13 and a debt-to-equity ratio of 0.33. Mitsubishi has a twelve month low of $15.25 and a twelve month high of $24.52.
Mitsubishi Company Profile
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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.
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