Mitsui & Co. (OTCMKTS:MITSY) Sets New 1-Year High - Still a Buy?

Key Points

• Mitsui & Co. stock reached a new 52-week high of $479.00 before closing at $462.27, with a trading volume of 3,094 shares.
• Nomura Securities upgraded Mitsui & Co. to a "strong-buy" rating, indicating positive sentiment among analysts.
• The company's recent quarterly earnings report showed an EPS of $9.23, missing expectations, with revenue of $21.93 billion compared to the forecast of $25.80 billion.

Shares of Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) hit a new 52-week high during trading on Friday . The stock traded as high as $479.00 and last traded at $462.27, with a volume of 3094 shares trading hands. The stock had previously closed at $460.60.

Wall Street Analyst Weigh In

Separately, Nomura Securities raised Mitsui & Co. to a "strong-buy" rating in a research note on Wednesday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, Mitsui & Co. currently has an average rating of "Strong Buy".

Mitsui & Co. Trading Up 0.1%

The company has a market cap of $66.24 billion, a P/E ratio of 12.28, a P/E/G ratio of 1.29 and a beta of 0.67. The company has a quick ratio of 1.32, a current ratio of 1.57 and a debt-to-equity ratio of 0.53. The business has a 50-day moving average price of $424.65 and a two-hundred day moving average price of $401.67.

Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) last released its earnings results on Friday, August 1st. The industrial products company reported $9.23 earnings per share for the quarter, missing analysts' consensus estimates of $9.29 by ($0.06). The firm had revenue of $21.93 billion for the quarter, compared to the consensus estimate of $25.80 billion. Mitsui & Co. had a return on equity of 10.48% and a net margin of 5.77%. On average, analysts predict that Mitsui & Co. will post 42.43 EPS for the current year.

Mitsui & Co. Company Profile

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.