Mitsubishi (OTCMKTS:MSBHY) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Mitsubishi Co. (OTCMKTS:MSBHYGet Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $40.23 and traded as high as $40.25. Mitsubishi shares last traded at $40.23, with a volume of 8,200 shares changing hands.

Mitsubishi Price Performance

The company has a market cap of $29.89 billion and a P/E ratio of 8.65. The company has a fifty day simple moving average of $40.23 and a 200-day simple moving average of $40.23. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.33 and a quick ratio of 1.06.

About Mitsubishi

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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.

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