Mitsubishi Electric Co. (OTCMKTS:MIELY - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $41.00, but opened at $39.00. Mitsubishi Electric shares last traded at $40.51, with a volume of 2,758 shares changing hands.
Mitsubishi Electric Price Performance
The company has a market cap of $44.69 billion, a PE ratio of 22.50 and a beta of 0.59. The stock has a fifty day moving average price of $39.74 and a 200-day moving average price of $36.12.
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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