Mitsubishi Electric (MIELY) to Release Quarterly Earnings on Monday

Mitsubishi Electric (OTCMKTS:MIELY - Get Free Report) is projected to post its quarterly earnings results before the market opens on Monday, February 10th. Analysts expect Mitsubishi Electric to post earnings of $0.56 per share and revenue of $8.34 billion for the quarter.

Mitsubishi Electric Trading Down 0.8 %

Mitsubishi Electric stock traded down $0.25 during midday trading on Monday, reaching $31.62. The company's stock had a trading volume of 65,741 shares, compared to its average volume of 70,109. The stock has a market cap of $33.41 billion, a PE ratio of 16.82 and a beta of 0.61. Mitsubishi Electric has a 52 week low of $25.27 and a 52 week high of $38.48. The business has a 50-day moving average price of $33.71 and a 200-day moving average price of $32.88.

Mitsubishi Electric Company Profile

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.