Mitsubishi Electric (OTCMKTS:MIELF) Shares Gap Down – Time to Sell?

Mitsubishi Electric Co. (OTCMKTS:MIELFGet Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $20.53, but opened at $18.65. Mitsubishi Electric shares last traded at $18.65, with a volume of 200 shares.

Mitsubishi Electric Price Performance

The stock has a market cap of $40.05 billion, a price-to-earnings ratio of 19.84 and a beta of 0.63. The stock has a fifty day moving average of $19.94 and a 200 day moving average of $18.15.

Mitsubishi Electric Company Profile

(Get Free Report)

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through five segments: Infrastructure, Industry Mobility, Life, Business Platform, and Other Businesses. 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, large 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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