Mitsubishi Estate Co. (OTCMKTS:MITEY - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as $19.74 and last traded at $18.98, with a volume of 107 shares trading hands. The stock had previously closed at $19.23.
Wall Street Analyst Weigh In
Separately, CLSA raised Mitsubishi Estate to a "strong-buy" rating in a research note on Tuesday, May 27th.
View Our Latest Stock Analysis on Mitsubishi Estate
Mitsubishi Estate Stock Down 1.6%
The stock's 50 day moving average is $18.18 and its 200-day moving average is $16.07. The company has a market cap of $23.67 billion, a PE ratio of 19.11 and a beta of 0.22.
Mitsubishi Estate (OTCMKTS:MITEY - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.10). The business had revenue of $3.59 billion for the quarter, compared to analysts' expectations of $3.58 billion. Mitsubishi Estate had a net margin of 11.99% and a return on equity of 6.14%.
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.
Further Reading
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