Mitsubishi Chemical (OTCMKTS:MTLHY) Announces Quarterly Earnings Results

Key Points

• Mitsubishi Chemical reported earnings of $0.41 per share for the quarter, with a return on equity of 1.89% and a net margin of 1.00%.
• The company's stock opened at $27.37, navigating between a 12-month low of $19.95 and a high of $34.45, with a market capitalization of $7.79 billion.
• Mitsubishi Chemical operates in five segments including Specialty Materials, Industrial Gases, Health Care, MMA, and Basic Materials, offering a diverse range of products globally.

Mitsubishi Chemical (OTCMKTS:MTLHY - Get Free Report) announced its quarterly earnings results on Friday. The company reported $0.41 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $6.10 billion during the quarter. Mitsubishi Chemical had a return on equity of 0.99% and a net margin of 0.62%.

Mitsubishi Chemical Trading Down 2.1%

Shares of OTCMKTS MTLHY traded down $0.56 during trading hours on Tuesday, reaching $25.86. The stock had a trading volume of 217 shares, compared to its average volume of 740. The firm has a market cap of $7.36 billion, a price-to-earnings ratio of 42.39 and a beta of 0.58. Mitsubishi Chemical has a 52-week low of $19.95 and a 52-week high of $34.45. The company has a current ratio of 1.37, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. The business's fifty day moving average price is $25.82 and its two-hundred day moving average price is $25.32.

Mitsubishi Chemical Company Profile

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.