Mitsubishi Electric Co. (OTCMKTS:MIELY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $47.62 and last traded at $47.36, with a volume of 31751 shares trading hands. The stock had previously closed at $47.20.
Wall Street Analysts Forecast Growth
Separately, CLSA raised Mitsubishi Electric to a "hold" rating in a research note on Monday.
Read Our Latest Research Report on Mitsubishi Electric
Mitsubishi Electric Stock Up 0.0%
The stock has a market cap of $52.04 billion, a P/E ratio of 26.20 and a beta of 0.63. The company has a 50-day simple moving average of $42.93 and a two-hundred day simple moving average of $38.39.
About Mitsubishi Electric
(
Get Free Report)
Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. 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, 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
Before you consider Mitsubishi Electric, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mitsubishi Electric wasn't on the list.
While Mitsubishi Electric currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for August 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.