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
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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.
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