Mitsui & Co. (OTCMKTS:MITSY) Shares Gap Up – Time to Buy?

Mitsui & Co. (OTCMKTS:MITSY)’s stock price gapped up prior to trading on Tuesday. The stock had previously closed at $600.0301, but opened at $649.56. Mitsui & Co. shares last traded at $624.68, with a volume of 303 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded Mitsui & Co. from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating. According to data from MarketBeat.com, Mitsui & Co. currently has an average rating of “Strong Buy”.

Mitsui & Co. Price Performance

The company has a current ratio of 1.45, a quick ratio of 1.22 and a debt-to-equity ratio of 0.55. The stock has a 50-day moving average price of $638.21 and a 200 day moving average price of $667.49. The stock has a market capitalization of $90.30 billion, a price-to-earnings ratio of 14.18, a PEG ratio of 0.90 and a beta of 0.50.

Mitsui & Co. Company Profile

Mitsui & Co. is a Japan-based general trading and investment company with roots in Mitsui Bussan, established in 1876. The present company was established in 1947 and operates across a broad range of industries. The company trades, develops and invests in businesses involving mineral and metal resources, energy, machinery and infrastructure, chemicals, mobility, food and consumer goods. Its activities also include services and projects related to logistics, information technology and healthcare.