Mitsubishi Estate Co. (OTCMKTS:MITEY – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $24.66, but opened at $25.78. Mitsubishi Estate shares last traded at $25.9760, with a volume of 438 shares changing hands.
Mitsubishi Estate Stock Performance
The firm has a market cap of $31.94 billion, a P/E ratio of 22.05 and a beta of 0.11. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.39 and a current ratio of 1.97. The business’s 50-day simple moving average is $27.18 and its 200 day simple moving average is $27.18.
Mitsubishi Estate Company Profile
Mitsubishi Estate Co, Ltd. (OTCMKTS: MITEY) is one of Japan’s largest real estate developers and a core company within the Mitsubishi corporate group. Headquartered in Tokyo, the firm is best known for large-scale urban development and property leasing, including landmark office districts and mixed-use complexes in central Tokyo. Its businesses span the full real estate value chain, from land acquisition and project development to leasing, sales, property and facility management, and real estate investment management.
The company’s commercial activities cover office buildings, retail and commercial facilities, residential housing, hotels and resorts, and logistics properties.
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