Mitsubishi Estate Co. (OTCMKTS:MITEY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $18.07, but opened at $17.40. Mitsubishi Estate shares last traded at $18.49, with a volume of 139 shares changing hands.
Analyst Ratings Changes
Separately, CLSA upgraded Mitsubishi Estate to a "strong-buy" rating in a report on Tuesday, May 27th.
View Our Latest Stock Report on MITEY
Mitsubishi Estate Stock Performance
The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.69 and a current ratio of 2.33. The stock's 50 day moving average price is $18.43 and its 200 day moving average price is $16.53. The company has a market capitalization of $24.00 billion, a P/E ratio of 19.38 and a beta of 0.22.
Mitsubishi Estate (OTCMKTS:MITEY - Get Free Report) last released its earnings results 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 return on equity of 4.85% and a net margin of 11.99%. The business had revenue of $3.59 billion for the quarter, compared to analyst estimates 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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