Shares of Mitsubishi Estate Co. (OTCMKTS:MITEY – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 65,582 shares traded hands during mid-day trading, an increase of 14% from the previous session’s volume of 57,406 shares.The stock last traded at $24.14 and had previously closed at $23.69.
Mitsubishi Estate Price Performance
The firm has a market cap of $29.43 billion, a P/E ratio of 20.32 and a beta of 0.11. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.97 and a quick ratio of 1.39. The firm’s 50 day moving average is $26.68 and its 200 day moving average is $27.31.
Mitsubishi Estate Company Profile
Mitsubishi Estate Co, Ltd. (OTCMKTS: MITEY) is one of Japan’s largest real estate developers and a core company within the Mitsubishi corporate group. Headquartered in Tokyo, the firm is best known for large-scale urban development and property leasing, including landmark office districts and mixed-use complexes in central Tokyo. Its businesses span the full real estate value chain, from land acquisition and project development to leasing, sales, property and facility management, and real estate investment management.
The company’s commercial activities cover office buildings, retail and commercial facilities, residential housing, hotels and resorts, and logistics properties.
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