Mitsubishi Estate (OTCMKTS:MITEY) Shares Cross Below 200 Day Moving Average of $15.82

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.82 and traded as low as $15.74. Mitsubishi Estate shares last traded at $15.81, with a volume of 32,210 shares changing hands.

Mitsubishi Estate Trading Up 3.1 %

The company has a quick ratio of 1.46, a current ratio of 2.10 and a debt-to-equity ratio of 1.28. The business has a 50-day simple moving average of $17.72 and a 200-day simple moving average of $15.85. The company has a market cap of $20.72 billion, a PE ratio of 22.27 and a beta of 0.47.

Mitsubishi Estate (OTCMKTS:MITEY) last posted its quarterly earnings data on Friday, May 10th. The company reported $0.39 earnings per share (EPS) for the quarter. Mitsubishi Estate had a return on equity of 5.36% and a net margin of 11.10%. The firm had revenue of $3.89 billion for the quarter.

Mitsubishi Estate Company Profile

Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.