Mitsui & Co. (OTCMKTS:MITSY) Stock Price Passes Above 200-Day Moving Average - Time to Sell?

Key Points

• Mitsui's stock crossed above its 200-day moving average, trading as high as $756.20 and last at $754.43 versus the 200-day MA of $643.32, indicating a technical breakout.
• Zacks Research upgraded the stock from "hold" to "Strong Buy", and MarketBeat shows a consensus analyst rating of Strong Buy.
• The company missed quarterly estimates (EPS $8.52 vs. $9.57 expected; revenue $23.11B vs. $23.94B) and currently trades at a PE of 18.89 with a market cap of about $107.8B.

Mitsui & Co. (OTCMKTS:MITSY - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $643.32 and traded as high as $756.20. Mitsui & Co. shares last traded at $754.43, with a volume of 5,321 shares traded.

Analyst Ratings Changes

Separately, Zacks Research upgraded Mitsui & Co. from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 20th. Two equities research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Strong Buy".

Mitsui & Co. Price Performance

The firm has a market cap of $107.76 billion, a PE ratio of 18.89, a PEG ratio of 2.14 and a beta of 0.57. The firm has a fifty day simple moving average of $759.22 and a two-hundred day simple moving average of $643.32. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.22 and a current ratio of 1.46.

Mitsui & Co. (OTCMKTS:MITSY - Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $8.52 earnings per share for the quarter, missing the consensus estimate of $9.57 by ($1.05). The firm had revenue of $23.11 billion for the quarter, compared to analysts' expectations of $23.94 billion. Mitsui & Co. had a net margin of 6.13% and a return on equity of 10.55%. Mitsui & Co. has set its FY 2026 guidance at 1.860-1.860 EPS. Equities analysts predict that Mitsui & Co. will post 36.99 EPS for the current fiscal year.

Mitsui & Co. Company Profile

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.

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