Mitsui & Co. (OTCMKTS:MITSY) Downgraded by Zacks Research to Hold

Mitsui & Co. (OTCMKTS:MITSY) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Mitsui & Co. Stock Performance

Shares of OTCMKTS MITSY opened at $628.10 on Tuesday. The stock has a market cap of $89.72 billion, a price-to-earnings ratio of 16.26, a P/E/G ratio of 1.17 and a beta of 0.45. The company has a current ratio of 1.41, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56. Mitsui & Co. has a 1-year low of $388.00 and a 1-year high of $835.49. The stock’s 50-day moving average is $742.39 and its 200 day moving average is $677.87.

Mitsui & Co. (OTCMKTS:MITSY) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $9.94 earnings per share for the quarter, missing analysts’ consensus estimates of $10.81 by ($0.87). The firm had revenue of $23.22 billion for the quarter, compared to analysts’ expectations of $34.72 billion. Mitsui & Co. had a net margin of 5.96% and a return on equity of 9.81%. On average, sell-side analysts anticipate that Mitsui & Co. will post 47.56 EPS for the current fiscal year.

About Mitsui & Co.

Mitsui & Co, Ltd. (OTCMKTS: MITSY) is a global sogo shosha, or general trading company, headquartered in Tokyo, Japan. Established in the aftermath of World War II, Mitsui & Co has grown into one of Japan’s largest trading houses, operating across a wide range of industries to connect producers, manufacturers and consumers around the world.

The company’s core activities include commodity trading, resource and energy development, project and infrastructure development, and strategic investing.