Mitsubishi (OTCMKTS:MSBHY) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Mitsubishi Co. (OTCMKTS:MSBHYGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-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 firm’s fifty day simple moving average is $40.23 and its 200 day simple moving average is $40.23. The company has a market capitalization of $29.89 billion and a PE ratio of 8.65. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.33 and a quick ratio of 1.06.

About Mitsubishi

(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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