Mitsubishi Chemical (OTCMKTS:MTLHY) Shares Gap Up – Here’s What Happened

Mitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY) gapped up before the market opened on Monday . The stock had previously closed at $24.25, but opened at $25.28. Mitsubishi Chemical shares last traded at $25.28, with a volume of 200 shares traded.

Mitsubishi Chemical Price Performance

The firm has a market capitalization of $7.19 billion, a P/E ratio of 24.78 and a beta of 0.55. The company has a quick ratio of 0.87, a current ratio of 1.37 and a debt-to-equity ratio of 0.71. The business’s 50 day moving average is $24.74 and its 200-day moving average is $25.17.

Mitsubishi Chemical (OTCMKTS:MTLHY) last announced its quarterly earnings results on Tuesday, May 13th. The company reported ($0.33) earnings per share (EPS) for the quarter. Mitsubishi Chemical had a net margin of 1.00% and a return on equity of 1.89%. The company had revenue of $7.06 billion for the quarter.

Mitsubishi Chemical Company Profile

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.