Mitsubishi Electric Co. (OTCMKTS:MIELF - Get Free Report)'s share price gapped up prior to trading on Friday . The stock had previously closed at $21.11, but opened at $22.17. Mitsubishi Electric shares last traded at $22.17, with a volume of 451 shares changing hands.
Mitsubishi Electric Stock Performance
The business has a 50-day simple moving average of $20.61 and a two-hundred day simple moving average of $18.47. The stock has a market cap of $44.77 billion, a price-to-earnings ratio of 22.18 and a beta of 0.63.
Mitsubishi Electric Company Profile
(
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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.
Further Reading
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