Shares of Mitsubishi Electric Co. (OTCMKTS:MIELF - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $21.81, but opened at $21.11. Mitsubishi Electric shares last traded at $21.11, with a volume of 166 shares changing hands.
Mitsubishi Electric Trading Down 3.2%
The firm has a fifty day moving average of $20.61 and a two-hundred day moving average of $18.47. The company has a market capitalization of $45.33 billion, a PE ratio of 22.46 and a beta of 0.63.
About Mitsubishi Electric
(
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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.
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