Shares of Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $650.64 and traded as high as $718.43. Mitsui & Co. shares last traded at $716.33, with a volume of 7,182 shares traded.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded Mitsui & Co. from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 20th. Two equities research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock has an average rating of "Strong Buy".
Check Out Our Latest Stock Analysis on Mitsui & Co.
Mitsui & Co. Stock Up 1.3%
The company has a market cap of $102.32 billion, a PE ratio of 18.54, a P/E/G ratio of 2.11 and a beta of 0.51. The business has a 50-day simple moving average of $760.27 and a 200-day simple moving average of $650.64. The company has a quick ratio of 1.22, a current ratio of 1.46 and a debt-to-equity ratio of 0.58.
Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The industrial products company reported $9.94 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $10.81 by ($0.87). The business had revenue of $23.22 billion for the quarter, compared to analysts' expectations of $34.72 billion. Mitsui & Co. had a return on equity of 9.99% and a net margin of 5.96%. Equities research analysts anticipate that Mitsui & Co. will post 46.23 EPS for the current year.
Mitsui & Co. Company Profile
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Get Free Report)
Mitsui & Co, Ltd. OTCMKTS: MITSY is a global sogo shosha, or general trading company, headquartered in Tokyo, Japan. Established in the aftermath of World War II, Mitsui & Co has grown into one of Japan's largest trading houses, operating across a wide range of industries to connect producers, manufacturers and consumers around the world.
The company's core activities include commodity trading, resource and energy development, project and infrastructure development, and strategic investing.
Further Reading
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