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OTCMKTS:MIELY

Mitsubishi Electric (MIELY) Stock Price, News & Analysis

Mitsubishi Electric logo
$34.55
+3.58 (+11.56%)
(As of 10/31/2024 ET)

About Mitsubishi Electric Stock (OTCMKTS:MIELY)

Key Stats

Today's Range
$33.70
$34.75
50-Day Range
$30.12
$33.57
52-Week Range
$22.80
$38.48
Volume
107,581 shs
Average Volume
76,883 shs
Market Capitalization
N/A
P/E Ratio
0.32
Dividend Yield
1.31%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. 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, 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. It also provides programmable logic controllers, inverters, servomotors, human-machine interface, motors, 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, car multimedia, and others. 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 high-frequency devices, and optical and LCD devices. It offers procurement, logistics, real estate, advertising, finance, and other services; room and package 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, and microwave ovens. The company was incorporated in 1921 and is headquartered in Tokyo, Japan.

Mitsubishi Electric Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
9th Percentile Overall Score

MIELY MarketRank™: 

Mitsubishi Electric scored higher than 9% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Mitsubishi Electric is 0.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Mitsubishi Electric is 0.32, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 507.60.

  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    Mitsubishi Electric has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Mitsubishi Electric has recently increased by 399.67%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Mitsubishi Electric pays a meaningful dividend of 1.31%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Mitsubishi Electric does not have a long track record of dividend growth.

  • Read more about Mitsubishi Electric's dividend.
  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    Mitsubishi Electric has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Mitsubishi Electric has recently increased by 399.67%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Mitsubishi Electric has a news sentiment score of -0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.33 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Mitsubishi Electric this week, compared to 1 article on an average week.
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MIELY Stock News Headlines

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MIELY Stock Analysis - Frequently Asked Questions

Mitsubishi Electric's stock was trading at $28.16 on January 1st, 2024. Since then, MIELY stock has increased by 22.7% and is now trading at $34.55.
View the best growth stocks for 2024 here
.

Shares of MIELY 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.

Industry, Sector and Symbol

Industry
Electrical Equipment & Parts
Sub-Industry
N/A
Current Symbol
OTCMKTS:MIELY
CIK
N/A
Fax
N/A
Employees
149,134
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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This page (OTCMKTS:MIELY) was last updated on 10/31/2024 by MarketBeat.com Staff
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