Mitsubishi Chemical (OTCMKTS:MTLHY) Issues 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) released its quarterly earnings data on Friday. The company reported $0.41 earnings per share for the quarter, Zacks reports. Mitsubishi Chemical had a return on equity of 1.89% and a net margin of 1.00%.

Mitsubishi Chemical Price Performance

OTCMKTS:MTLHY opened at $27.37 on Friday. Mitsubishi Chemical has a 12-month low of $19.95 and a 12-month high of $34.45. The company has a quick ratio of 0.87, a current ratio of 1.37 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $7.79 billion, a P/E ratio of 26.83 and a beta of 0.53. The stock's fifty day simple moving average is $25.77 and its 200-day simple moving average is $25.28.

About Mitsubishi Chemical

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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