Mitsubishi Electric Co. (OTCMKTS:MIELF – Get Free Report) shares saw strong trading volume on Thursday. 16,459 shares were traded during trading, an increase of 45% from the average daily volume of 11,368 shares. The stock last traded at $29.5760 and had previously closed at $30.0350.
Mitsubishi Electric Stock Performance
The company has a market capitalization of $62.18 billion, a PE ratio of 30.81 and a beta of 0.63. The stock’s fifty day simple moving average is $32.32 and its 200-day simple moving average is $35.38.
Mitsubishi Electric Company Profile
Mitsubishi Electric Corporation is a Japan-based global manufacturer of electrical and electronic equipment. Founded in 1921 and headquartered in Tokyo, the company develops technologies and systems for industrial, infrastructure, commercial and consumer applications.
Its products and services include factory automation equipment, industrial robots, control systems, power-generation and distribution equipment, transportation systems, elevators and escalators, air-conditioning and building systems, and automotive equipment.
Featured Articles
- Five stocks we like better than Mitsubishi Electric
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
- South Korea’s Chip Exports Are Soaring—So Why Is This ETF Down 20%?
Receive News & Ratings for Mitsubishi Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi Electric and related companies with MarketBeat.com's FREE daily email newsletter.
