Shares of Mitsubishi Estate Co. (OTCMKTS:MITEY - Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as $19.74 and last traded at $18.98, with a volume of 107 shares. The stock had previously closed at $19.23.
Analyst Upgrades and Downgrades
Separately, CLSA upgraded shares of Mitsubishi Estate to a "strong-buy" rating in a report on Tuesday, May 27th.
Read Our Latest Stock Analysis on Mitsubishi Estate
Mitsubishi Estate Stock Performance
The stock has a market capitalization of $23.67 billion, a price-to-earnings ratio of 19.11 and a beta of 0.22. The firm's fifty day simple moving average is $18.22 and its 200 day simple moving average is $16.14.
Mitsubishi Estate (OTCMKTS:MITEY - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by ($0.10). Mitsubishi Estate had a net margin of 11.99% and a return on equity of 6.14%. The business had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.58 billion.
Mitsubishi Estate Company Profile
(
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Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.
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