Shares of Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY - Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $16.76 and traded as low as $15.76. Mitsubishi Estate shares last traded at $15.77, with a volume of 65,186 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Citigroup raised shares of Mitsubishi Estate to a "strong-buy" rating in a research report on Friday, August 16th.
Check Out Our Latest Stock Report on Mitsubishi Estate
Mitsubishi Estate Trading Down 0.1 %
The firm's fifty day moving average is $16.24 and its 200-day moving average is $16.76. The stock has a market capitalization of $20.05 billion, a P/E ratio of 17.52 and a beta of 0.47.
Mitsubishi Estate (OTCMKTS:MITEY - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.10 earnings per share (EPS) for the quarter. The business had revenue of $2.11 billion for the quarter. Mitsubishi Estate had a net margin of 11.38% and a return on equity of 5.47%.
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.
Read More
Before you consider Mitsubishi Estate, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mitsubishi Estate wasn't on the list.
While Mitsubishi Estate currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
