Mitsubishi (OTCMKTS:MSBHF) Shares Gap Down - Should You Sell?

Mitsubishi Corp. (OTCMKTS:MSBHF - Get Free Report)'s share price gapped down before the market opened on Tuesday . The stock had previously closed at $20.40, but opened at $19.85. Mitsubishi shares last traded at $20.00, with a volume of 2,879 shares changing hands.

Mitsubishi Trading Down 1.1%

The company has a 50 day moving average of $19.86 and a 200 day moving average of $18.00. The firm has a market cap of $77.51 billion, a P/E ratio of 12.58 and a beta of 0.55. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.17 and a current ratio of 1.49.

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