Mitsubishi Chemical (OTCMKTS:MTLHY) Sets New 52-Week High – Here’s What Happened

Mitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY) shares hit a new 52-week high on Tuesday . The stock traded as high as $38.74 and last traded at $38.74, with a volume of 172 shares. The stock had previously closed at $32.40.

Mitsubishi Chemical Stock Performance

The stock has a market cap of $11.17 billion, a PE ratio of 63.51 and a beta of 0.64. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.60 and a quick ratio of 1.08. The stock has a 50-day simple moving average of $31.32 and a 200-day simple moving average of $29.15.

Mitsubishi Chemical Company Profile

Mitsubishi Chemical (OTCMKTS:MTLHY) is the U.S. trading line of Mitsubishi Chemical Holdings Corporation, one of Japan’s leading integrated chemical companies. The company operates through a diversified portfolio of specialty chemicals, performance materials, petrochemicals and healthcare products. Its product offering spans from high‐performance plastics, electronic and battery materials to pharmaceutical intermediates, industrial gases and carbon‐fiber composites designed for automotive, electronics and aerospace applications.

Founded originally as Mitsubishi Chemical Corporation in 1933 and reorganized under Mitsubishi Chemical Holdings in 2005, the company is part of the broader Mitsubishi keiretsu.