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OTCMKTS:MIELF

Mitsubishi Electric (MIELF) Stock Price, News & Analysis

$15.20
0.00 (0.00%)
(As of 09/6/2024 ET)
Today's Range
$15.20
$15.20
50-Day Range
$13.73
$17.19
52-Week Range
$10.99
$18.70
Volume
42 shs
Average Volume
1,649 shs
Market Capitalization
$32.64 billion
P/E Ratio
16.17
Dividend Yield
1.64%
Price Target
N/A
MIELF stock logo

About Mitsubishi Electric Stock (OTCMKTS:MIELF)

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through five segments: Infrastructure, Industry Mobility, Life, Business Platform, and Other Businesses. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, large display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others. The company also provides programmable logic controllers, inverters, servomotors, hoists, magnetic switches, circuit breakers, time and power meters, uninterruptible power supply, industrial fans, computerized numerical controllers, electrical-discharge and laser processing machines, industrial robots, clutches, automotive electrical equipment, electric powertrain systems, car electronics and mechatronics, and others. In addition, it offers satellite communications and radar equipment, satellites, antennas, missile and fire control systems, broadcasting and information systems equipment, network security systems, and systems integration products; and power modules, and power modules, optical and LCD devices, and others. Further, the company provides air conditioners, chillers, showcases, compressors, refrigeration units, air-to-water heat pump boilers, ventilators, hot water supply systems, IH cooking heaters, LED bulbs, indoor lighting, LCD televisions, refrigerators, electric fans, dehumidifiers, air purifiers, vacuum cleaners, jar rice cookers, microwave ovens, and others. Additionally, it offers procurement, logistics, real estate, advertising, finance, and other services. The company was incorporated in 1921 and is headquartered in Tokyo, Japan.

MIELF Stock Price History

MIELF Stock News Headlines

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Industry, Sector and Symbol

Industry
Electrical Equipment & Parts
Sub-Industry
Personal Services
Current Symbol
OTCMKTS:MIELF
CIK
N/A
Fax
N/A
Employees
149,655
Year Founded
1921

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Outstanding Shares
2,147,200,000
Free Float
N/A
Market Cap
$32.64 billion
Optionable
Not Optionable
Beta
0.65

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Key Executives

  • Mr. Kei Uruma (Age 65)
    Representative Executive Officer, President, CEO & Director
    Comp: $1.06M
  • Mr. Tadashi Matsumoto (Age 66)
    Representative Executive Officer and Executive VP Life Business Area Owner & Export Control
    Comp: $489.52k
  • Mr. Kuniaki Masuda (Age 60)
    Executive Officer, CFO & Director
  • Mr. Kunihiko Kaga (Age 60)
    Representative Executive Officer, Senior VP of Industry & Mobility Business Area Owner & CTO
  • Eiichiro Mitani (Age 63)
    Executive Officer, CIO, Group President of Information Systems & Network Service
  • Mr. Yoji Saito (Age 64)
    CMO & Executive Officer
  • Yasunari Abe (Age 58)
    Executive Officer & CHRO
  • Atsuhiro Yabu (Age 64)
    Group President of Automotive Equipment & Executive Officer
  • Mr. Satoshi Kusakabe (Age 64)
    Executive Officer & Chief Risk Management Officer
  • Tomonori Sato (Age 57)
    Executive Officer & Group President of Defense and Space Systems

Should I Buy Mitsubishi Electric Stock? MIELF Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Mitsubishi Electric Co.:

  • Mitsubishi Electric Corporation operates in various segments including Infrastructure, Industry Mobility, Life, Business Platform, and Other Businesses, providing diversified revenue streams.
  • The company offers a wide range of electrical and electronic equipment globally, showcasing a strong market presence and potential for growth.
  • Mitsubishi Electric Corporation has a history of innovation and technological advancements, positioning itself as a leader in the electrical equipment and parts industry.
  • Recent stock price of $16.12 on record date 06/30/2024 indicates a potential entry point for investors seeking value opportunities.
  • The company's focus on developing products like satellite communications equipment, industrial robots, and automotive electrical systems aligns with future technological trends.

Cons

Investors should be bearish about investing in Mitsubishi Electric Co. for these reasons:

  • The company's float size is reported as 0, which may raise concerns about liquidity and potential impact on stock price volatility.
  • With a short percentage of float at 0 and days to cover at 532.2, there might be limited short-term trading opportunities for investors.
  • Shares shorted in the previous month were 2,186,500, indicating a bearish sentiment among some market participants.
  • The outstanding shares are reported as 0, which could affect the company's market capitalization and investor perception.
  • Fifty-two week performance of 0.0025 suggests a relatively stable stock price movement, potentially limiting short-term profit opportunities for traders.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, August 25, 2024. Please send any questions or comments about these Mitsubishi Electric pros and cons to contact@marketbeat.com.

MIELF Stock Analysis - Frequently Asked Questions

How have MIELF shares performed this year?

Mitsubishi Electric's stock was trading at $14.4020 at the beginning of 2024. Since then, MIELF shares have increased by 5.5% and is now trading at $15.20.
View the best growth stocks for 2024 here
.

Does Mitsubishi Electric have any subsidiaries?

The following companies are subsidiaries of Mitsubishi Electric: ICONICS, ASTES4, Powerex, MELCO Hydronics & IT Cooling S.p.A., Setsuyo Astec Corp., Mitsubishi Electric Klimat Transportation Systems S.p.A, FA Tech Co Ltd., and others.

How do I buy shares of Mitsubishi Electric?

Shares of MIELF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:MIELF) was last updated on 9/7/2024 by MarketBeat.com Staff

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