Mitsubishi Electric (OTCMKTS:MIELY) Stock Price Down 0.5% – What’s Next?

Mitsubishi Electric Co. (OTCMKTS:MIELYGet Free Report) shares traded down 0.5% on Thursday . The stock traded as low as $32.12 and last traded at $32.59. 150,173 shares were traded during trading, an increase of 115% from the average session volume of 69,687 shares. The stock had previously closed at $32.75.

Mitsubishi Electric Stock Down 0.5 %

The stock’s fifty day moving average price is $34.14 and its 200-day moving average price is $33.03. The company has a market capitalization of $34.99 billion, a price-to-earnings ratio of 17.34 and a beta of 0.62.

Mitsubishi Electric Company Profile

(Get Free Report)

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. 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, 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.

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