Mitsui & Co. (OTCMKTS:MITSY) Sees Large Growth in Short Interest
by Jessica Moore · The Cerbat GemMitsui & Co. (OTCMKTS:MITSY – Get Free Report) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 1,785 shares, a growth of 121.5% from the April 15th total of 806 shares. Based on an average daily trading volume, of 15,806 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.
Mitsui & Co. Stock Performance
MITSY traded down $2.51 on Friday, hitting $775.62. 2,849 shares of the company’s stock were exchanged, compared to its average volume of 7,354. The stock has a fifty day moving average of $761.10 and a two-hundred day moving average of $660.42. Mitsui & Co. has a twelve month low of $388.00 and a twelve month high of $835.49. The firm has a market cap of $110.79 billion, a PE ratio of 20.08, a P/E/G ratio of 1.43 and a beta of 0.51. The company has a current ratio of 1.46, a quick ratio of 1.22 and a debt-to-equity ratio of 0.58.
Mitsui & Co. (OTCMKTS:MITSY – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The industrial products company reported $9.94 EPS for the quarter, missing the consensus estimate of $10.81 by ($0.87). Mitsui & Co. had a net margin of 5.96% and a return on equity of 9.99%. The firm had revenue of $23.22 billion during the quarter, compared to analyst estimates of $34.72 billion. On average, research analysts anticipate that Mitsui & Co. will post 47.08 earnings per share for the current fiscal year.
Analyst Ratings Changes
Separately, Zacks Research upgraded shares of Mitsui & Co. from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Two analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Strong Buy”.
View Our Latest Report on Mitsui & Co.
Mitsui & Co. Company Profile
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.