Mitsubishi (OTCMKTS:MSBHY) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Shares of Mitsubishi Co. (OTCMKTS:MSBHYGet Free Report) 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 traded.

Mitsubishi Stock Up 0.2%

The company has a debt-to-equity ratio of 0.72, a current ratio of 1.33 and a quick ratio of 1.06. The stock has a market capitalization of $29.89 billion and a PE ratio of 8.65. The company has a 50 day moving average price of $40.23 and a 200-day moving average price of $40.23.

Mitsubishi Company Profile

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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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