Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The stock traded as high as $18.80 and last traded at $18.33, with a volume of 45539 shares trading hands. The stock had previously closed at $17.91.
Analyst Upgrades and Downgrades
Separately, CLSA upgraded shares of Mitsubishi Estate to a "strong-buy" rating in a report on Tuesday, May 27th.
Check Out Our Latest Stock Analysis on Mitsubishi Estate
Mitsubishi Estate Price Performance
The firm has a 50-day simple moving average of $17.18 and a two-hundred day simple moving average of $15.28. The company has a market cap of $22.68 billion, a PE ratio of 17.60 and a beta of 0.20.
Mitsubishi Estate (OTCMKTS:MITEY - Get Free Report) last posted its quarterly earnings data on Monday, May 12th. The company reported $0.26 EPS for the quarter, missing analysts' consensus estimates of $0.36 by ($0.10). The company had revenue of $3.59 billion for the quarter, compared to analysts' expectations of $3.58 billion. Mitsubishi Estate had a return on equity of 5.27% and a net margin of 12.13%.
Mitsubishi Estate Company Profile
(
Get Free Report)
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.
See Also
Before you consider Mitsubishi Estate, 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 Estate wasn't on the list.
While Mitsubishi Estate currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
