Mitsubishi Motors Co. (OTCMKTS:MMTOF – Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.58 and traded as low as $2.40. Mitsubishi Motors shares last traded at $2.40, with a volume of 251 shares traded.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group cut shares of Mitsubishi Motors to a “sell” rating in a research report on Wednesday, January 7th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.
Check Out Our Latest Research Report on Mitsubishi Motors
Mitsubishi Motors Stock Up 4.3%
Mitsubishi Motors Company Profile
Mitsubishi Motors Corporation (OTCMKTS:MMTOF) is a Japan-based automotive manufacturer specializing in the design, development, production and sale of a wide range of vehicles. Its product lineup includes passenger cars, sport utility vehicles (SUVs), pickup trucks and plug-in hybrid electric vehicles (PHEVs). The company operates research and development centers, manufacturing plants and assembly facilities across Asia, Europe, Oceania and North America.
The origins of Mitsubishi Motors trace back to the automotive division of Mitsubishi Heavy Industries, which was established in the early 20th century.
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