Mitsubishi (OTCMKTS:MSBHF – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.35 earnings per share for the quarter, Zacks reports.
Mitsubishi Price Performance
Shares of Mitsubishi stock traded down $0.07 during trading on Thursday, reaching $16.11. 8,718 shares of the company traded hands, compared to its average volume of 24,496. The company has a 50 day moving average price of $16.33 and a 200-day moving average price of $18.41. The company has a quick ratio of 1.13, a current ratio of 1.46 and a debt-to-equity ratio of 0.33. Mitsubishi has a 1-year low of $15.25 and a 1-year high of $24.52.
Analyst Upgrades and Downgrades
Separately, Macquarie downgraded Mitsubishi from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 7th.
Mitsubishi Company Profile
Mitsubishi Corporation engages in the natural gas, industrial materials and infrastructure, petroleum and chemicals, mineral resources, automotive and mobility, food and consumer industry, power solution, and urban development businesses worldwide. The Natural Gas segment engages in the development and production of natural gas/oil; and liquified natural gas business.
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