Shares of Mitsubishi Electric Co. (OTCMKTS:MIELY - Get Free Report) saw an uptick in trading volume on Wednesday . 330,819 shares traded hands during mid-day trading, an increase of 150% from the previous session's volume of 132,404 shares.The stock last traded at $41.78 and had previously closed at $41.48.
Mitsubishi Electric Stock Performance
The stock has a 50 day moving average of $40.01 and a 200-day moving average of $36.24. The firm has a market capitalization of $45.88 billion, a P/E ratio of 23.10 and a beta of 0.59.
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: 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.
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