Mitsui & Co., Ltd. (OTCMKTS:MITSY - Get Free Report) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 3,000 shares, a decline of 55.9% from the April 30th total of 6,800 shares. Based on an average daily volume of 21,900 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.
Wall Street Analyst Weigh In
Separately, Nomura Securities upgraded Mitsui & Co., Ltd. to a "strong-buy" rating in a research report on Wednesday.
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Mitsui & Co., Ltd. Price Performance
Shares of Mitsui & Co., Ltd. stock traded up $2.02 during trading on Friday, hitting $416.19. 3,876 shares of the company were exchanged, compared to its average volume of 20,496. The company has a quick ratio of 1.23, a current ratio of 1.48 and a debt-to-equity ratio of 0.49. Mitsui & Co., Ltd. has a fifty-two week low of $333.10 and a fifty-two week high of $522.90. The stock has a market capitalization of $60.32 billion, a price-to-earnings ratio of 9.45 and a beta of 0.78. The firm has a 50 day moving average price of $388.77 and a 200 day moving average price of $395.25.
Mitsui & Co., Ltd. (OTCMKTS:MITSY - Get Free Report) last issued 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). The firm had revenue of $25.31 billion for the quarter, compared to analysts' expectations of $23.44 billion. Mitsui & Co., Ltd. had a return on equity of 12.55% and a net margin of 6.91%. On average, equities analysts expect that Mitsui & Co., Ltd. will post 42.43 earnings per share for the current fiscal year.
About Mitsui & Co., Ltd.
(
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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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