Free Trial

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) Sees Significant Growth in Short Interest

Mitsubishi Chemical Group logo with Basic Materials background
Remove Ads

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY - Get Free Report) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 300 shares, an increase of 200.0% from the February 13th total of 100 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily volume of 600 shares, the short-interest ratio is presently 0.5 days.

Mitsubishi Chemical Group Price Performance

Shares of Mitsubishi Chemical Group stock remained flat at $25.98 during trading on Thursday. 1 shares of the company traded hands, compared to its average volume of 782. The firm's 50 day moving average is $25.71 and its 200-day moving average is $27.54. Mitsubishi Chemical Group has a one year low of $23.77 and a one year high of $34.45. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.82 and a current ratio of 1.31. The stock has a market capitalization of $7.39 billion, a PE ratio of 15.10 and a beta of 0.35.

Mitsubishi Chemical Group (OTCMKTS:MTLHY - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.43 earnings per share for the quarter. Mitsubishi Chemical Group had a return on equity of 3.18% and a net margin of 1.66%.

About Mitsubishi Chemical Group

(Get Free Report)

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. It operates in five segments: Specialty Materials, Industrial Gases, Health Care, MMA, and Basic Materials. The Specialty Materials segment offers performance polymers, soarnol, gohsenol, sustainable polymers, and engineering plastics; coating materials, additives, and fines; packaging, industrial and medical, acetyl, and polyester films; engineering shapes and solutions, carbon fiber and composite materials, and fibers; aqua, life, and infrastructure solutions; and semiconductor, electronics, and battery materials.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Remove Ads

Should You Invest $1,000 in Mitsubishi Chemical Group Right Now?

Before you consider Mitsubishi Chemical Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mitsubishi Chemical Group wasn't on the list.

While Mitsubishi Chemical Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Will Tesla’s Robot Future Save Its Falling Stock?
NVIDIA’s Dip Is a Gift—Here’s Why It Won’t Last
Best ETFs for Spring 2025: Strong and Steady Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads