Mitsui & Co., Ltd. (OTCMKTS:MITSY - Get Free Report) was upgraded by Nomura Securities to a "strong-buy" rating in a report released on Wednesday,Zacks.com reports.
Mitsui & Co., Ltd. Stock Up 1.1%
Mitsui & Co., Ltd. stock traded up $4.40 during trading hours on Wednesday, hitting $421.73. 11,170 shares of the stock traded hands, compared to its average volume of 20,416. Mitsui & Co., Ltd. has a one year low of $333.10 and a one year high of $518.46. The firm's 50-day moving average price is $388.77 and its two-hundred day moving average price is $394.97. The company has a current ratio of 1.48, a quick ratio of 1.23 and a debt-to-equity ratio of 0.49. The company has a market cap of $60.60 billion, a PE ratio of 9.57 and a beta of 0.78.
Mitsui & Co., Ltd. (OTCMKTS:MITSY - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The industrial products company reported $11.25 earnings per share for the quarter, missing the consensus estimate of $12.73 by ($1.48). Mitsui & Co., Ltd. had a net margin of 6.91% and a return on equity of 12.55%. The firm had revenue of $25.31 billion for the quarter, compared to the consensus estimate of $23.44 billion. On average, research analysts forecast that Mitsui & Co., Ltd. will post 42.43 EPS for the current year.
About Mitsui & Co., Ltd.
(
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Mitsui & Co, Ltd. operates as an trading and investment company worldwide. The company engages in the manufacture and sale of steel products; steel processing, maintenance, and recycling activities; investment, development, and trading of mineral and metal resources, as well as resource recycling and industrial developing solutions; and upstream development, logistics, and trading of energy resources, such as natural gas/LNG, oil, coal, and uranium.
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