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Mitsubishi (OTCMKTS:MSBHF) Announces Quarterly Earnings Results

Mitsubishi logo with Multi-Sector Conglomerates background

Mitsubishi (OTCMKTS:MSBHF - Get Free Report) announced its quarterly earnings results on Friday. The company reported $0.21 earnings per share for the quarter, hitting the consensus estimate of $0.21, Zacks reports. The firm had revenue of $31.16 billion during the quarter, compared to analysts' expectations of $4,357.94 billion. Mitsubishi had a net margin of 5.81% and a return on equity of 10.56%.

Mitsubishi Stock Up 0.2 %

MSBHF stock traded up $0.04 during trading on Monday, reaching $18.61. 48,781 shares of the company traded hands, compared to its average volume of 44,905. The business has a 50 day simple moving average of $17.88 and a 200 day simple moving average of $17.17. Mitsubishi has a 12 month low of $14.85 and a 12 month high of $23.68. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.13 and a current ratio of 1.46. The company has a market capitalization of $74.00 billion, a price-to-earnings ratio of 10.76 and a beta of 0.57.

Wall Street Analyst Weigh In

Separately, Macquarie lowered Mitsubishi from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 7th.

View Our Latest Stock Analysis on MSBHF

About Mitsubishi

(Get Free Report)

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.

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Earnings History for Mitsubishi (OTCMKTS:MSBHF)

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