Mitsui & Co. (OTCMKTS:MITSY) Shares Gap Up – Time to Buy?

Mitsui & Co. (OTCMKTS:MITSY)’s stock price gapped up before the market opened on Wednesday. The stock had previously closed at $627.41, but opened at $644.02. Mitsui & Co. shares last traded at $617.23, with a volume of 146 shares.

Mitsui & Co. Price Performance

The firm has a market cap of $86.41 billion, a price-to-earnings ratio of 14.26, a PEG ratio of 1.11 and a beta of 0.49. The company’s fifty day moving average is $632.60 and its 200 day moving average is $659.29. The company has a quick ratio of 1.22, a current ratio of 1.45 and a debt-to-equity ratio of 0.55.

Mitsui & Co. (OTCMKTS:MITSY) last posted its quarterly earnings results on Monday, August 3rd. The industrial products company reported $13.01 earnings per share for the quarter, topping the consensus estimate of $9.36 by $3.65. Mitsui & Co. had a return on equity of 10.67% and a net margin of 6.22%.The firm had revenue of $27.77 billion for the quarter, compared to analyst estimates of $22.29 billion. On average, equities research analysts predict that Mitsui & Co. will post 48.18 EPS for the current year.

About Mitsui & Co.

Mitsui & Co, Ltd. is a Japanese general trading and investment company headquartered in Tokyo. Its operations span the development, financing, marketing and distribution of products and businesses across a broad range of industries, connecting suppliers, manufacturers, customers and partners around the world.

The company’s activities include mineral and metal resources, energy, machinery and infrastructure, chemicals, food and agriculture, mobility, healthcare, information technology and communications.