Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $418.57 and traded as high as $514.54. Mitsui & Co. shares last traded at $511.01, with a volume of 8,357 shares.
Wall Street Analyst Weigh In
Separately, Zacks Research lowered Mitsui & Co. from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Mitsui & Co. currently has a consensus rating of "Buy".
Read Our Latest Stock Analysis on Mitsui & Co.
Mitsui & Co. Price Performance
The company has a debt-to-equity ratio of 0.53, a current ratio of 1.57 and a quick ratio of 1.32. The firm has a market capitalization of $73.43 billion, a P/E ratio of 13.61 and a beta of 0.67. The firm's 50 day simple moving average is $460.73 and its two-hundred day simple moving average is $418.57.
Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The industrial products company reported $9.23 earnings per share for the quarter, missing the consensus estimate of $9.29 by ($0.06). The business had revenue of $21.93 billion during 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%. As a group, analysts predict that Mitsui & Co. will post 42.43 earnings per share for the current year.
About Mitsui & Co.
(
Get Free Report)
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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