Mitsubishi (OTCMKTS:MSBHF) Sets New 52-Week Low - What's Next?

Shares of Mitsubishi Co. (OTCMKTS:MSBHF - Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $14.85 and last traded at $16.58, with a volume of 210707 shares traded. The stock had previously closed at $16.51.

Analyst Ratings Changes

Separately, Macquarie lowered shares of Mitsubishi from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 7th.

Mitsubishi Price Performance

The business has a 50-day moving average of $17.22 and a two-hundred day moving average of $17.42. The company has a current ratio of 1.46, a quick ratio of 1.13 and a debt-to-equity ratio of 0.33. The firm has a market cap of $68.59 billion, a P/E ratio of 9.97 and a beta of 0.52.

Mitsubishi (OTCMKTS:MSBHF - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.35 earnings per share for the quarter. Mitsubishi had a return on equity of 10.56% and a net margin of 5.81%. On average, sell-side analysts anticipate that Mitsubishi Co. will post 1.6 earnings per share for the current fiscal year.

Mitsubishi Company Profile

Mitsubishi Corporation engages in the natural gas, industrial materials and infrastructure, petroleum and chemicals, mineral resources, automotive and mobility, food and consumer industry, power solution, and urban development businesses worldwide. The Natural Gas segment engages in the development and production of natural gas/oil; and liquified natural gas business.