Mitsubishi Co. (OTCMKTS:MSBHF - Get Free Report) shares shot up 0.3% during trading on Thursday . The stock traded as high as $17.58 and last traded at $17.10. 29,053 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 32,241 shares. The stock had previously closed at $17.05.
Analyst Ratings Changes
Separately, Macquarie cut shares of Mitsubishi from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 7th.
View Our Latest Analysis on MSBHF
Mitsubishi Stock Up 1.8 %
The firm has a market capitalization of $67.60 billion, a PE ratio of 9.83 and a beta of 0.63. The company has a quick ratio of 1.13, a current ratio of 1.46 and a debt-to-equity ratio of 0.33. The business has a 50-day moving average price of $16.18 and a 200-day moving average price of $17.96.
Mitsubishi (OTCMKTS:MSBHF - Get Free Report) last announced its earnings results on Thursday, February 6th. The company reported $0.35 earnings per share for the quarter. Mitsubishi had a net margin of 5.81% and a return on equity of 10.56%. Equities research analysts forecast that Mitsubishi Co. will post 1.6 earnings per share for the current fiscal year.
Mitsubishi Company Profile
(
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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.
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