Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) Short Interest Update

by · The Cerbat Gem

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHYGet Free Report) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 100 shares, a decline of 97.3% from the November 30th total of 3,700 shares. Based on an average daily trading volume, of 2,300 shares, the days-to-cover ratio is currently 0.0 days.

Mitsubishi Chemical Group Stock Up 0.9 %

Shares of Mitsubishi Chemical Group stock traded up $0.21 on Thursday, hitting $24.81. 763 shares of the company’s stock traded hands, compared to its average volume of 1,865. The company has a quick ratio of 0.82, a current ratio of 1.31 and a debt-to-equity ratio of 0.69. Mitsubishi Chemical Group has a 52-week low of $24.45 and a 52-week high of $34.45. The firm’s 50-day moving average is $26.68 and its 200 day moving average is $28.53. The stock has a market cap of $7.06 billion, a P/E ratio of 11.70 and a beta of 0.37.

Mitsubishi Chemical Group (OTCMKTS:MTLHYGet Free Report) last released its earnings results on Friday, November 1st. The company reported $0.03 earnings per share for the quarter. Mitsubishi Chemical Group had a net margin of 2.07% and a return on equity of 4.04%. The business had revenue of $7.48 billion for the quarter.

About Mitsubishi Chemical Group

(Get Free Report)

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. It operates in five segments: Specialty Materials, Industrial Gases, Health Care, MMA, and Basic Materials. The Specialty Materials segment offers performance polymers, soarnol, gohsenol, sustainable polymers, and engineering plastics; coating materials, additives, and fines; packaging, industrial and medical, acetyl, and polyester films; engineering shapes and solutions, carbon fiber and composite materials, and fibers; aqua, life, and infrastructure solutions; and semiconductor, electronics, and battery materials.

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