Shares of Mitsubishi Electric Co. (OTCMKTS:MIELF - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $20.01, but opened at $21.76. Mitsubishi Electric shares last traded at $21.76, with a volume of 7,200 shares traded.
Mitsubishi Electric Trading Up 3.9%
The firm's 50-day moving average price is $21.01 and its two-hundred day moving average price is $18.75. The stock has a market cap of $48.87 billion, a PE ratio of 24.21 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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