Mitsui Fudosan (OTCMKTS:MTSFF) Shares Gap Up – Here’s Why
by Michael Walen · The Markets DailyMitsui Fudosan Co., Ltd. (OTCMKTS:MTSFF – Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $10.85, but opened at $12.3650. Mitsui Fudosan shares last traded at $12.3650, with a volume of 469 shares changing hands.
Mitsui Fudosan Stock Up 20.2%
The company has a 50 day simple moving average of $11.52 and a 200-day simple moving average of $11.34.
About Mitsui Fudosan
Mitsui Fudosan Co, Ltd. is a leading integrated real estate developer based in Tokyo, Japan, and a core member of the Mitsui Group. The company engages in a wide range of property-related activities, including the development, leasing and management of office buildings, retail facilities, residential complexes, hotels, resorts and logistics centers. Through both ground‐up and redevelopment projects, Mitsui Fudosan has established a diverse portfolio that spans landmark mixed‐use developments such as Roppongi Hills and Tokyo Midtown.
Founded in 1941, Mitsui Fudosan has grown from its domestic origins into a global real estate enterprise.