Shares of Mitsubishi Electric Co. (OTCMKTS:MIELY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $41.85, but opened at $40.29. Mitsubishi Electric shares last traded at $41.74, with a volume of 5,113 shares trading hands.
Mitsubishi Electric Price Performance
The firm has a market cap of $44.02 billion, a PE ratio of 22.16 and a beta of 0.60. The business has a fifty day moving average price of $41.29 and a two-hundred day moving average price of $37.08.
Mitsubishi Electric Company Profile
(
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.
Featured Articles
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
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
