Mitsui & Co. (OTCMKTS:MITSY) Shares Gap Down - Here's What Happened

Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $412.40, but opened at $395.00. Mitsui & Co. shares last traded at $401.95, with a volume of 34,836 shares changing hands.

Analyst Ratings Changes

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

Mitsui & Co. Price Performance

The company has a market cap of $57.54 billion, a P/E ratio of 9.97 and a beta of 0.73. The company has a current ratio of 1.56, a quick ratio of 1.29 and a debt-to-equity ratio of 0.52. The business's fifty day moving average is $408.72 and its 200 day moving average is $392.84.

Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) last announced its earnings results on Thursday, May 1st. The industrial products company reported $11.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $12.73 by ($1.48). The company had revenue of $25.31 billion during the quarter, compared to analysts' expectations of $23.44 billion. Mitsui & Co. had a return on equity of 11.45% and a net margin of 6.12%. As a group, sell-side analysts anticipate 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.