Mitsubishi (OTCMKTS:MSBHF – Get Free Report) announced its earnings results on Thursday. The company reported $0.35 EPS for the quarter, Zacks reports.
Mitsubishi Stock Performance
Shares of Mitsubishi stock traded down $0.07 on Thursday, reaching $16.11. 8,718 shares of the company were exchanged, compared to its average volume of 24,496. Mitsubishi has a one year low of $15.25 and a one year high of $24.52. The company has a current ratio of 1.46, a quick ratio of 1.13 and a debt-to-equity ratio of 0.33. The company has a 50-day moving average of $16.33 and a 200 day moving average of $18.41.
Analysts Set New Price Targets
Separately, Macquarie cut shares of Mitsubishi from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 7th.
About Mitsubishi
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.
Featured Articles
- Five stocks we like better than Mitsubishi
- Find and Profitably Trade Stocks at 52-Week Lows
- Price Plunge in Roblox Presents Opportunity for Robust Gains
- How Investors Can Find the Best Cheap Dividend Stocks
- Billions in Buybacks: 4 Stocks Rewarding Shareholders Now
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- 3 Steel Stocks to Gain Strength as Tariffs Reshape the Market
Receive News & Ratings for Mitsubishi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi and related companies with MarketBeat.com's FREE daily email newsletter.
