Mitsubishi Electric Co. (OTCMKTS:MIELY - Get Free Report)'s share price was up 0.7% during mid-day trading on Friday . The company traded as high as $35.52 and last traded at $35.50. Approximately 31,900 shares were traded during trading, a decline of 57% from the average daily volume of 74,987 shares. The stock had previously closed at $35.24.
Mitsubishi Electric Stock Up 0.7 %
The firm has a market capitalization of $38.11 billion, a price-to-earnings ratio of 18.88 and a beta of 0.61. The stock's 50-day moving average price is $33.42 and its 200 day moving average price is $32.96.
About Mitsubishi Electric
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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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