Mitsui & Co. (OTCMKTS:MITSY) Shares Gap Up – Here’s Why

Shares of Mitsui & Co. (OTCMKTS:MITSY) gapped up prior to trading on Thursday . The stock had previously closed at $707.4440, but opened at $740.8401. Mitsui & Co. shares last traded at $716.68, with a volume of 288 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research cut shares of Mitsui & Co. from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy”.

Mitsui & Co. Stock Up 1.4%

The company has a market cap of $103.05 billion, a price-to-earnings ratio of 17.96, a price-to-earnings-growth ratio of 5.87 and a beta of 0.62. The stock has a 50-day simple moving average of $637.23 and a 200-day simple moving average of $543.94. The company has a current ratio of 1.61, a quick ratio of 1.32 and a debt-to-equity ratio of 0.50.

Mitsui & Co. (OTCMKTS:MITSY) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $8.52 earnings per share for the quarter, missing analysts’ consensus estimates of $9.57 by ($1.05). The company had revenue of $23.11 billion for the quarter, compared to the consensus estimate of $23.94 billion. Mitsui & Co. had a net margin of 6.13% and a return on equity of 10.67%. Mitsui & Co. has set its FY 2026 guidance at 1.860-1.860 EPS. As a group, analysts predict that Mitsui & Co. will post 42.43 EPS for the current year.

About Mitsui & Co.

Mitsui & Co, Ltd. (OTCMKTS: MITSY) is a global sogo shosha, or general trading company, headquartered in Tokyo, Japan. Established in the aftermath of World War II, Mitsui & Co has grown into one of Japan’s largest trading houses, operating across a wide range of industries to connect producers, manufacturers and consumers around the world.

The company’s core activities include commodity trading, resource and energy development, project and infrastructure development, and strategic investing.