Mitsubishi Electric (OTCMKTS:MIELF) Sets New 1-Year High at $18.63

Mitsubishi Electric Co. (OTCMKTS:MIELF)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $18.63 and last traded at $18.63, with a volume of 147 shares trading hands. The stock had previously closed at $18.39.

Mitsubishi Electric Stock Performance

The stock has a market cap of $40.00 billion, a price-to-earnings ratio of 19.82 and a beta of 0.65. The business’s 50 day moving average is $16.15 and its 200-day moving average is $14.70.

Mitsubishi Electric (OTCMKTS:MIELF) last announced its earnings results on Monday, February 5th. The company reported $0.21 earnings per share (EPS) for the quarter. The company had revenue of $8.42 billion during the quarter.

Mitsubishi Electric Company Profile

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through five segments: Infrastructure, Industry Mobility, Life, Business Platform, and Other Businesses. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, large display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.