Mitsubishi Chemical Group (OTCMKTS:MTLHY) Hits New 52-Week Low – Should You Sell?

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) hit a new 52-week low on Wednesday . The stock traded as low as $25.03 and last traded at $25.70, with a volume of 827 shares traded. The stock had previously closed at $25.38.

Mitsubishi Chemical Group Price Performance

The company has a market capitalization of $6.96 billion, a P/E ratio of 11.53 and a beta of 0.37. The business has a 50 day simple moving average of $27.17 and a 200-day simple moving average of $28.60. The company has a quick ratio of 0.82, a current ratio of 1.31 and a debt-to-equity ratio of 0.69.

Mitsubishi Chemical Group (OTCMKTS:MTLHY) last announced its earnings results on Friday, November 1st. The company reported $0.03 earnings per share for the quarter. The firm had revenue of $7.48 billion for the quarter. Mitsubishi Chemical Group had a return on equity of 4.04% and a net margin of 2.07%.

About Mitsubishi Chemical Group

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. It operates in five segments: Specialty Materials, Industrial Gases, Health Care, MMA, and Basic Materials. The Specialty Materials segment offers performance polymers, soarnol, gohsenol, sustainable polymers, and engineering plastics; coating materials, additives, and fines; packaging, industrial and medical, acetyl, and polyester films; engineering shapes and solutions, carbon fiber and composite materials, and fibers; aqua, life, and infrastructure solutions; and semiconductor, electronics, and battery materials.