Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY - Get Free Report) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 600 shares, an increase of 500.0% from the March 31st total of 100 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is currently 0.3 days.
Mitsubishi Chemical Group Stock Performance
Mitsubishi Chemical Group stock traded down $1.19 during mid-day trading on Thursday, hitting $22.75. The company had a trading volume of 136 shares, compared to its average volume of 972. The company has a market capitalization of $6.47 billion, a price-to-earnings ratio of 13.23 and a beta of 0.38. Mitsubishi Chemical Group has a 12-month low of $19.95 and a 12-month high of $34.45. The company's fifty day moving average is $24.67 and its 200-day moving average is $25.69. The company has a current ratio of 1.31, a quick ratio of 0.82 and a debt-to-equity ratio of 0.69.
Mitsubishi Chemical Group (OTCMKTS:MTLHY - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.43 earnings per share (EPS) for the quarter. Mitsubishi Chemical Group had a net margin of 1.66% and a return on equity of 3.18%.
Mitsubishi Chemical Group Company Profile
(
Get Free Report)
Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. It operates in five segments: Specialty Materials, Industrial Gases, Health Care, MMA, and Basic Materials. The Specialty Materials segment offers performance polymers, soarnol, gohsenol, sustainable polymers, and engineering plastics; coating materials, additives, and fines; packaging, industrial and medical, acetyl, and polyester films; engineering shapes and solutions, carbon fiber and composite materials, and fibers; aqua, life, and infrastructure solutions; and semiconductor, electronics, and battery materials.
See Also
Before you consider Mitsubishi Chemical Group, 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 Chemical Group wasn't on the list.
While Mitsubishi Chemical Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
