Mitsubishi Estate (OTCMKTS:MITEY) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEYGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.38 and traded as low as $13.79. Mitsubishi Estate shares last traded at $13.81, with a volume of 66,215 shares trading hands.

Mitsubishi Estate Trading Down 0.7 %

The company has a market cap of $17.27 billion, a price-to-earnings ratio of 14.85 and a beta of 0.47. The business’s 50 day moving average price is $14.05 and its 200-day moving average price is $15.38.

About Mitsubishi Estate

(Get Free Report)

Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.

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