Mitsubishi Electric (OTCMKTS:MIELF) Stock Price Down 7.4% - Time to Sell?

Mitsubishi Electric Co. (OTCMKTS:MIELF - Get Free Report) traded down 7.4% during mid-day trading on Monday . The stock traded as low as $17.13 and last traded at $17.13. 741 shares were traded during mid-day trading, a decline of 86% from the average session volume of 5,399 shares. The stock had previously closed at $18.50.

Mitsubishi Electric Trading Up 3.9 %

The company's fifty day simple moving average is $17.82 and its 200 day simple moving average is $17.18. The stock has a market capitalization of $41.06 billion, a P/E ratio of 20.34 and a beta of 0.63.

Mitsubishi Electric Company Profile

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through five segments: Infrastructure, Industry Mobility, Life, Business Platform, and Other Businesses. 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, large 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.