Mitsubishi Electric Co. (OTCMKTS:MIELY - Get Free Report) shares saw an uptick in trading volume on Tuesday . 113,882 shares traded hands during trading, an increase of 5% from the previous session's volume of 108,247 shares.The stock last traded at $51.85 and had previously closed at $52.49.
Wall Street Analysts Forecast Growth
Separately, CLSA upgraded shares of Mitsubishi Electric to a "hold" rating in a research note on Monday, August 4th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold".
View Our Latest Analysis on MIELY
Mitsubishi Electric Trading Up 0.5%
The company's fifty day moving average price is $47.89 and its two-hundred day moving average price is $42.06. The firm has a market cap of $54.56 billion, a P/E ratio of 27.47 and a beta of 0.56.
About Mitsubishi Electric
(
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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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