Mitsubishi (OTCMKTS:MSBHF) Hits New 1-Year High - What's Next?

Mitsubishi Corp. (OTCMKTS:MSBHF - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $22.00 and last traded at $20.40, with a volume of 19548 shares. The stock had previously closed at $20.05.

Mitsubishi Trading Up 3.0%

The business has a 50 day moving average of $19.28 and a 200 day moving average of $17.64. The firm has a market capitalization of $79.49 billion, a price-to-earnings ratio of 12.90 and a beta of 0.56. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.49 and a quick ratio of 1.17.

Mitsubishi (OTCMKTS:MSBHF - Get Free Report) last issued its earnings results on Friday, May 2nd. The company reported $0.21 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.21. The firm had revenue of $31.16 billion for the quarter, compared to analysts' expectations of $4,357.94 billion. Mitsubishi had a return on equity of 9.28% and a net margin of 5.10%. As a group, research analysts predict that Mitsubishi Corp. will post 1.6 earnings per share for the current fiscal year.

Mitsubishi Company Profile

Mitsubishi Corporation engages in the natural gas, industrial materials and infrastructure, petroleum and chemicals, mineral resources, automotive and mobility, food and consumer industry, power solution, and urban development businesses worldwide. The Natural Gas segment engages in the development and production of natural gas/oil; and liquified natural gas business.