Mitsubishi Chemical (OTCMKTS:MTLHY) Shares Gap Down – Here’s What Happened
by Teresa Graham · The Cerbat GemMitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY – Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $33.00, but opened at $30.03. Mitsubishi Chemical shares last traded at $30.03, with a volume of 602 shares.
Mitsubishi Chemical Price Performance
The stock has a market cap of $9.01 billion, a PE ratio of 51.25 and a beta of 0.63. The company has a quick ratio of 1.08, a current ratio of 1.60 and a debt-to-equity ratio of 0.65. The company’s fifty day moving average is $29.83 and its 200 day moving average is $30.10.
Mitsubishi Chemical Company Profile
Mitsubishi Chemical (OTCMKTS:MTLHY) is the U.S. trading line of Mitsubishi Chemical Holdings Corporation, one of Japan’s leading integrated chemical companies. The company operates through a diversified portfolio of specialty chemicals, performance materials, petrochemicals and healthcare products. Its product offering spans from high‐performance plastics, electronic and battery materials to pharmaceutical intermediates, industrial gases and carbon‐fiber composites designed for automotive, electronics and aerospace applications.
Founded originally as Mitsubishi Chemical Corporation in 1933 and reorganized under Mitsubishi Chemical Holdings in 2005, the company is part of the broader Mitsubishi keiretsu.