Mitsubishi (OTCMKTS:MSBHY) Shares Cross Above 50 Day Moving Average – Here’s What Happened
by Tristan Rich · The Markets DailyMitsubishi Co. (OTCMKTS:MSBHY – Get Free Report)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $40.23 and traded as high as $40.25. Mitsubishi shares last traded at $40.23, with a volume of 8,200 shares changing hands.
Mitsubishi Stock Performance
The company has a current ratio of 1.33, a quick ratio of 1.06 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $29.89 billion and a P/E ratio of 8.65. The company’s 50-day moving average is $40.23 and its two-hundred day moving average is $40.23.
Mitsubishi Company Profile
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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