Mitsui Chemicals, Inc. (OTCMKTS:MITUY – Get Rating)’s stock price fell 8.2% on Tuesday . The stock traded as low as $10.78 and last traded at $10.78. 1,564 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 4,272 shares. The stock had previously closed at $11.75.
Separately, Jefferies Financial Group upgraded shares of Mitsui Chemicals from an “underperform” rating to a “buy” rating in a research note on Monday, April 4th.
The company’s fifty day moving average is $11.50 and its 200-day moving average is $12.61.
Mitsui Chemicals, Inc engages in the mobility, health care, food and packaging, basic materials, and other businesses. The company's Mobility segment develops elastomers, performance compounds, functional polymers, polypropylene compounds, and performance polymers; and offers services related to the development of automotive and industrial products.
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