Shares of Mitsubishi Corp. (OTCMKTS:MSBHF - Get Free Report) saw an uptick in trading volume on Thursday . 106,835 shares traded hands during trading, an increase of 115% from the previous session's volume of 49,646 shares.The stock last traded at $33.75 and had previously closed at $34.33.
Mitsubishi Stock Down 2.1%
The business's fifty day moving average price is $33.14 and its 200 day moving average price is $28.13. The company has a market capitalization of $124.61 billion, a P/E ratio of 24.19 and a beta of 0.47. The company has a current ratio of 1.36, a quick ratio of 1.06 and a debt-to-equity ratio of 0.41.
Mitsubishi (OTCMKTS:MSBHF - Get Free Report) last released its quarterly earnings data on Friday, May 1st. The company reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.24 by $0.09. The company had revenue of $32.97 billion during the quarter, compared to the consensus estimate of $22.88 billion. Mitsubishi had a net margin of 4.23% and a return on equity of 8.11%.
Mitsubishi Company Profile
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Mitsubishi is a long-established Japanese business family and brand that today encompasses a group of independent companies operating across a wide range of industries. The Mitsubishi name traces back to the late 19th century and the founding of a shipping firm that grew into a diversified industrial and trading conglomerate. Over time the original zaibatsu was reorganized into a number of separately managed companies that nonetheless share the Mitsubishi mark and coordinate through cross-shareholdings and business relationships.
Companies using the Mitsubishi name are active in sectors including industrial machinery and heavy equipment, automotive manufacturing, electrical and electronic equipment, chemicals and materials, energy and natural resources, trading and logistics, finance and banking, real estate, and food and consumer products.
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