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Mitsubishi Chemical Group (OTCMKTS:MTLHY) Sets New 52-Week Low - Here's Why

Mitsubishi Chemical Group logo with Basic Materials background

Shares of Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY - Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $23.00 and last traded at $23.00, with a volume of 1184 shares. The stock had previously closed at $25.22.

Mitsubishi Chemical Group Stock Up 12.4 %

The company's fifty day simple moving average is $25.57 and its 200 day simple moving average is $26.71. The company has a quick ratio of 0.82, a current ratio of 1.31 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $6.38 billion, a PE ratio of 13.04 and a beta of 0.38.

Mitsubishi Chemical Group (OTCMKTS:MTLHY - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $0.43 EPS 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.

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