Mitsubishi Estate Co. (OTCMKTS:MITEY - Get Free Report)'s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $19.09, but opened at $18.17. Mitsubishi Estate shares last traded at $18.53, with a volume of 1,840 shares traded.
Analyst Ratings Changes
Separately, CLSA raised shares of Mitsubishi Estate to a "strong-buy" rating in a report on Tuesday, May 27th.
Check Out Our Latest Research Report on Mitsubishi Estate
Mitsubishi Estate Stock Performance
The stock has a market capitalization of $23.40 billion, a price-to-earnings ratio of 18.90 and a beta of 0.21. The company has a fifty day simple moving average of $18.08 and a two-hundred day simple moving average of $15.90.
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 for the quarter, missing the consensus estimate of $0.36 by ($0.10). The firm had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.58 billion. Mitsubishi Estate had a return on equity of 6.14% and a net margin of 11.99%.
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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