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Mitsubishi Electric (OTCMKTS:MIELY) Hits New 12-Month High - What's Next?

Mitsubishi Electric logo with Industrials background
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Mitsubishi Electric Co. (OTCMKTS:MIELY - Get Free Report)'s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $38.99 and last traded at $38.90, with a volume of 58875 shares trading hands. The stock had previously closed at $37.27.

Mitsubishi Electric Trading Up 6.1 %

The firm has a market cap of $43.62 billion, a PE ratio of 21.96 and a beta of 0.57. The company's 50-day moving average is $33.17 and its 200 day moving average is $33.27.

About Mitsubishi Electric

(Get Free Report)

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.

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