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Mitsubishi Estate (OTCMKTS:MITEY) Stock Price Passes Below 200-Day Moving Average - Time to Sell?

Mitsubishi Estate logo with Finance background

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.38 and traded as low as $13.79. Mitsubishi Estate shares last traded at $13.81, with a volume of 66,215 shares changing hands.

Mitsubishi Estate Stock Performance

The business has a 50 day moving average price of $14.05 and a two-hundred day moving average price of $15.38. The company has a market cap of $17.41 billion, a P/E ratio of 14.97 and a beta of 0.47.

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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