Mitsubishi (OTCMKTS:MSBHY) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Mitsubishi Co. (OTCMKTS:MSBHYGet Free Report)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 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 traded.

Mitsubishi Stock Performance

The stock’s fifty day simple moving average is $40.23 and its two-hundred day simple moving average is $40.23. The company has a market cap of $29.89 billion and a price-to-earnings ratio of 6.29. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.06 and a current ratio of 1.33.

Mitsubishi Company Profile

(Get Free Report)

Mitsubishi Corporation operates in industrial finance, energy, metals, machinery, chemicals, and daily living essentials worldwide. The company's Global Environmental & Infrastructure Business segment conducts environmental and infrastructure projects, related trading operations, and other activities in power generation, water, transportation, and other infrastructure fields.

Further Reading

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