Mitsubishi Electric Co. (OTCMKTS:MIELF - Get Free Report)'s share price was down 7.4% during mid-day trading on Monday . The stock traded as low as $17.13 and last traded at $17.13. Approximately 741 shares changed hands during trading, a decline of 86% from the average daily volume of 5,399 shares. The stock had previously closed at $18.50.
Mitsubishi Electric Stock Performance
The company has a market cap of $39.53 billion, a price-to-earnings ratio of 19.59 and a beta of 0.63. The company's 50 day moving average price is $17.70 and its 200 day moving average price is $17.16.
About Mitsubishi Electric
(
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Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through five segments: Infrastructure, Industry Mobility, Life, Business Platform, and Other Businesses. 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, large 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.
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