Mitsubishi (OTCMKTS:MSBHY) Stock Passes Below 200 Day Moving Average – Here’s What Happened
by Mitch Edgeman · The Markets DailyMitsubishi Co. (OTCMKTS:MSBHY – Get Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $40.23 and traded as low as $39.30. Mitsubishi shares last traded at $40.23, with a volume of 8,200 shares trading hands.
Mitsubishi Stock Performance
The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.06 and a current ratio of 1.33. The company has a market cap of $29.89 billion and a PE ratio of 6.29. The company’s 50 day moving average price is $40.23 and its 200-day moving average price is $40.23.
About Mitsubishi
Mitsubishi Corporation operates in industrial finance, energy, metals, machinery, chemicals, and daily living essentials worldwide. The company's Global Environmental & Infrastructure Business segment conducts environmental and infrastructure projects, related trading operations, and other activities in power generation, water, transportation, and other infrastructure fields.
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