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Mitsubishi Estate (OTCMKTS:MITEY) Reaches New 12-Month Low - Here's What Happened

Mitsubishi Estate logo with Finance background

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY - Get Free Report) shares reached a new 52-week low during trading on Thursday . The company traded as low as $12.96 and last traded at $13.11, with a volume of 167458 shares changing hands. The stock had previously closed at $13.53.

Mitsubishi Estate Stock Performance

The stock has a market capitalization of $16.40 billion, a price-to-earnings ratio of 14.10 and a beta of 0.47. The business has a 50-day moving average of $14.45 and a 200-day moving average of $15.60.

Mitsubishi Estate Company Profile

(Get Free Report)

Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.

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