Mitsubishi (OTCMKTS:MSBHY) Stock Passes Above 50-Day Moving Average – Time to Sell?

Mitsubishi Co. (OTCMKTS:MSBHYGet Free Report)’s stock price crossed 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.

Mitsubishi Trading Up 0.2%

The business’s fifty day moving average is $40.23 and its 200-day moving average is $40.23. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.06 and a current ratio of 1.33. The firm has a market cap of $29.89 billion and a P/E ratio of 8.65.

Mitsubishi Company Profile

(Get Free Report)

Mitsubishi is a historic Japanese industrial group whose companies operate across a wide range of sectors including trading, natural resources and energy, industrial machinery, chemicals, automotive-related businesses, food and consumer goods, real estate, and financial services. Many Mitsubishi entities act as trading and investment houses that source, distribute and invest in commodities and finished goods, develop infrastructure and energy projects, and provide corporate and financial solutions to multinational clients.

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