Mitsui & Co. (OTCMKTS:MITSY) Shares Gap Up – Should You Buy?

by · The Cerbat Gem

Mitsui & Co. (OTCMKTS:MITSY – Get Free Report)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $580.00, but opened at $600.00. Mitsui & Co. shares last traded at $588.90, with a volume of 273 shares.

Analyst Ratings Changes

Separately, Zacks Research lowered Mitsui & Co. from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

View Our Latest Analysis on Mitsui & Co.

Mitsui & Co. Trading Up 1.6%

The company has a 50 day simple moving average of $525.42 and a 200 day simple moving average of $474.62. The company has a market capitalization of $84.66 billion, a PE ratio of 13.93, a price-to-earnings-growth ratio of 6.61 and a beta of 0.63. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.32 and a current ratio of 1.61.

Mitsui & Co. (OTCMKTS:MITSY – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The industrial products company reported $10.94 EPS for the quarter, beating the consensus estimate of $7.77 by $3.17. Mitsui & Co. had a return on equity of 11.49% and a net margin of 6.47%.The firm had revenue of $22.42 billion during the quarter, compared to the consensus estimate of $23.58 billion. Analysts anticipate that Mitsui & Co. will post 42.43 earnings per share for the current year.

About Mitsui & Co.

(Get Free Report)

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.

Featured Articles