Mitsubishi (OTCMKTS:MSBHF) Stock Price Up 1.1% - Time to Buy?

Mitsubishi Co. (OTCMKTS:MSBHF - Get Free Report)'s stock price was up 1.1% during mid-day trading on Friday . The company traded as high as $20.00 and last traded at $19.10. Approximately 27,744 shares traded hands during trading, a decline of 37% from the average daily volume of 44,038 shares. The stock had previously closed at $18.89.

Mitsubishi Stock Performance

The company has a market capitalization of $75.73 billion, a PE ratio of 11.01 and a beta of 0.57. 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 business's 50-day moving average is $18.15 and its 200-day moving average is $17.21.

Mitsubishi (OTCMKTS:MSBHF - Get Free Report) last issued its quarterly 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 company had revenue of $31.16 billion during the quarter, compared to the consensus estimate of $4,357.94 billion. Mitsubishi had a return on equity of 10.56% and a net margin of 5.81%. On average, research analysts anticipate that Mitsubishi Co. will post 1.6 earnings per share for the current 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.