Shares of Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY - Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $16.83 and traded as high as $18.49. Mitsubishi Estate shares last traded at $17.82, with a volume of 40,010 shares.
Mitsubishi Estate Stock Performance
The firm has a market capitalization of $22.29 billion, a price-to-earnings ratio of 17.30 and a beta of 0.20. The business has a fifty day moving average price of $16.83 and a 200 day moving average price of $15.07.
Mitsubishi Estate (OTCMKTS:MITEY - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.10). Mitsubishi Estate had a net margin of 12.13% and a return on equity of 5.27%. The company had revenue of $3.59 billion during the quarter, compared to analysts' expectations of $3.58 billion.
About Mitsubishi Estate
(
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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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