Shares of Mitsubishi Estate Co. (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 $20.40 and traded as high as $23.04. Mitsubishi Estate shares last traded at $22.89, with a volume of 22,195 shares trading hands.
Analyst Upgrades and Downgrades
Separately, CLSA upgraded Mitsubishi Estate to a "strong-buy" rating in a report on Tuesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the company presently has an average rating of "Strong Buy".
View Our Latest Research Report on MITEY
Mitsubishi Estate Stock Performance
The firm's 50 day moving average price is $20.40 and its 200-day moving average price is $18.38. The firm has a market cap of $28.63 billion, a price-to-earnings ratio of 22.01 and a beta of 0.21. The company has a debt-to-equity ratio of 1.24, a current ratio of 2.33 and a quick ratio of 1.69.
Mitsubishi Estate (OTCMKTS:MITEY - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.18 by $0.02. The firm had revenue of $2.42 billion during the quarter, compared to analysts' expectations of $2.70 billion. Mitsubishi Estate had a return on equity of 5.65% and a net margin of 12.09%. Mitsubishi Estate has set its FY 2025 guidance at 1.110-1.110 EPS.
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.
See Also
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