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Mitsubishi Estate (OTCMKTS:MITEY) Shares Up 0.4% - Here's What Happened

Mitsubishi Estate logo with Finance background

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY - Get Free Report)'s stock price shot up 0.4% during trading on Friday . The stock traded as high as $14.78 and last traded at $14.26. 51,028 shares were traded during mid-day trading, a decline of 3% from the average session volume of 52,376 shares. The stock had previously closed at $14.21.

Analyst Upgrades and Downgrades

Separately, Citigroup raised Mitsubishi Estate to a "strong-buy" rating in a research note on Friday, August 16th.

View Our Latest Stock Analysis on MITEY

Mitsubishi Estate Price Performance

The stock has a market cap of $18.13 billion, a PE ratio of 15.33 and a beta of 0.47. The stock's fifty day moving average is $14.85 and its 200-day moving average is $15.77.

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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