Mitsui & Co. (OTCMKTS:MITSY) Sees Large Volume Increase - Here's What Happened

Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) saw strong trading volume on Monday . 43,752 shares were traded during mid-day trading, an increase of 141% from the previous session's volume of 18,159 shares.The stock last traded at $411.14 and had previously closed at $413.19.

Analyst Ratings Changes

Separately, Nomura Securities raised shares of Mitsui & Co. to a "strong-buy" rating in a research note on Wednesday, May 28th.

Mitsui & Co. Trading Up 0.2%

The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.29 and a current ratio of 1.56. The firm has a market cap of $57.93 billion, a PE ratio of 10.03 and a beta of 0.73. The stock's 50 day simple moving average is $408.59 and its 200 day simple moving average is $392.94.

Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The industrial products company reported $11.25 EPS for the quarter, missing analysts' consensus estimates of $12.73 by ($1.48). Mitsui & Co. had a return on equity of 11.45% and a net margin of 6.12%. The company had revenue of $25.31 billion during the quarter, compared to analysts' expectations of $23.44 billion. On average, sell-side analysts forecast that Mitsui & Co. will post 42.43 earnings per share for the current fiscal year.

About Mitsui & Co.

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.