Mitsubishi Electric Co. (OTCMKTS:MIELF – Get Free Report) rose 3.3% on Tuesday . The company traded as high as $16.62 and last traded at $16.60. Approximately 443 shares traded hands during trading, a decline of 73% from the average daily volume of 1,625 shares. The stock had previously closed at $16.07.
Mitsubishi Electric Price Performance
The firm has a market cap of $35.63 billion, a price-to-earnings ratio of 17.65 and a beta of 0.63. The firm’s fifty day moving average is $15.80 and its 200-day moving average is $16.39.
About Mitsubishi Electric
Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through five segments: Infrastructure, Industry Mobility, Life, Business Platform, and Other Businesses. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, large display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.
Featured Stories
- Five stocks we like better than Mitsubishi Electric
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion?
- Buy P&G Now, Before It Sets A New All-Time High
- Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge
- Golden Cross Stocks: Pattern, Examples and Charts
- Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker
Receive News & Ratings for Mitsubishi Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi Electric and related companies with MarketBeat.com's FREE daily email newsletter.
