Mitsubishi Chemical (OTCMKTS:MTLHY) Posts Earnings Results

Mitsubishi Chemical (OTCMKTS:MTLHY) announced its quarterly earnings data on Friday. The company reported $1.33 earnings per share for the quarter, Zacks reports.

Mitsubishi Chemical Price Performance

MTLHY remained flat at $36.25 during trading on Friday. 14 shares of the company’s stock were exchanged, compared to its average volume of 58. The company has a market capitalization of $10.45 billion, a P/E ratio of 59.43 and a beta of 0.65. The stock has a 50-day simple moving average of $34.80 and a two-hundred day simple moving average of $32.52. Mitsubishi Chemical has a twelve month low of $25.86 and a twelve month high of $38.74. The company has a current ratio of 1.50, a quick ratio of 1.02 and a debt-to-equity ratio of 0.62.

About Mitsubishi Chemical

Mitsubishi Chemical (OTCMKTS:MTLHY) is the U.S. trading line of Mitsubishi Chemical Holdings Corporation, one of Japan’s leading integrated chemical companies. The company operates through a diversified portfolio of specialty chemicals, performance materials, petrochemicals and healthcare products. Its product offering spans from high‐performance plastics, electronic and battery materials to pharmaceutical intermediates, industrial gases and carbon‐fiber composites designed for automotive, electronics and aerospace applications.

Founded originally as Mitsubishi Chemical Corporation in 1933 and reorganized under Mitsubishi Chemical Holdings in 2005, the company is part of the broader Mitsubishi keiretsu.