Free Trial

Mitsubishi (OTCMKTS:MSBHF) Shares Gap Up - Here's What Happened

Mitsubishi logo with Multi-Sector Conglomerates background

Mitsubishi Corp. (OTCMKTS:MSBHF - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $20.02, but opened at $20.75. Mitsubishi shares last traded at $20.16, with a volume of 620 shares traded.

Mitsubishi Stock Performance

The stock's 50 day simple moving average is $19.69 and its two-hundred day simple moving average is $17.82. The company has a market capitalization of $80.12 billion, a P/E ratio of 13.00 and a beta of 0.55. 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 posted its quarterly earnings data on Friday, May 2nd. The company reported $0.21 earnings per share for the quarter, hitting the consensus estimate 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. As a group, research analysts expect that Mitsubishi Corp. will post 1.6 earnings per share for the current year.

Mitsubishi Company Profile

(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.

Further Reading

Should You Invest $1,000 in Mitsubishi Right Now?

Before you consider Mitsubishi, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mitsubishi wasn't on the list.

While Mitsubishi currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth
5 Stocks to BUY NOW in July 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines