Mitsubishi (OTCMKTS:MSBHY) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened
by Kim Johansen · The Markets DailyMitsubishi Co. (OTCMKTS:MSBHY – Get Free Report)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $40.23 and traded as low as $39.30. Mitsubishi shares last traded at $40.23, with a volume of 8,200 shares.
Mitsubishi Stock Performance
The stock’s fifty day moving average is $40.23 and its 200-day moving average is $40.23. The company has a quick ratio of 1.06, a current ratio of 1.33 and a debt-to-equity ratio of 0.72. The stock has a market cap of $29.89 billion and a price-to-earnings ratio of 8.65.
About Mitsubishi
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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