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OTCMKTS:MIELY

Mitsubishi Electric (MIELY) Stock Price, News & Analysis

Mitsubishi Electric logo
$33.65 -0.32 (-0.94%)
(As of 11/20/2024 ET)

About Mitsubishi Electric Stock (OTCMKTS:MIELY)

Key Stats

Today's Range
$33.10
$33.68
50-Day Range
$30.12
$36.33
52-Week Range
$25.27
$38.48
Volume
52,825 shs
Average Volume
75,951 shs
Market Capitalization
$36.13 billion
P/E Ratio
17.90
Dividend Yield
1.52%
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
36th Percentile Overall Score

MIELY MarketRank™: 

Mitsubishi Electric scored higher than 36% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Mitsubishi Electric.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Mitsubishi Electric is 17.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Mitsubishi Electric is 17.90, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 530.59.

  • Percentage of Shares Shorted

    0.00% of the outstanding shares of Mitsubishi Electric have been sold short.
  • Short Interest Ratio / Days to Cover

    Mitsubishi Electric has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Mitsubishi Electric has recently decreased by 88.39%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Mitsubishi Electric pays a meaningful dividend of 1.46%, 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.

  • Dividend Coverage

    The dividend payout ratio of Mitsubishi Electric is 27.13%. This payout ratio is at a healthy, sustainable level, below 75%.

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

    0.00% of the outstanding shares of Mitsubishi Electric have been sold short.
  • Short Interest Ratio / Days to Cover

    Mitsubishi Electric has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Mitsubishi Electric has recently decreased by 88.39%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Mitsubishi Electric has a news sentiment score of 0.37. 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 news sentiment score is similar to the average news sentiment of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Mitsubishi Electric this week, compared to 1 article on an average week.
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MIELY Stock News Headlines

Mitsubishi Electric's Power Device Works to Construct New Plant
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
See More Headlines

MIELY Stock Analysis - Frequently Asked Questions

Mitsubishi Electric's stock was trading at $28.16 at the beginning of the year. Since then, MIELY shares have increased by 19.5% and is now trading at $33.65.
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
Previous 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

Outstanding Shares
1,073,600,000
Free Float
N/A
Market Cap
$36.13 billion
Optionable
Not Optionable
Beta
0.62
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This page (OTCMKTS:MIELY) was last updated on 11/21/2024 by MarketBeat.com Staff
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