Mitsui & Co., Ltd. (OTCMKTS:MITSY) Shares Pass Above 200 Day Moving Average – Here’s Why

Shares of Mitsui & Co., Ltd. (OTCMKTS:MITSY) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $408.20 and traded as high as $413.04. Mitsui & Co., Ltd. shares last traded at $404.93, with a volume of 13,458 shares.

Mitsui & Co., Ltd. Stock Performance

The firm has a market capitalization of $60.24 billion, a P/E ratio of 9.19 and a beta of 0.77. The stock has a fifty day simple moving average of $382.01 and a two-hundred day simple moving average of $408.20. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.48 and a quick ratio of 1.23.

Mitsui & Co., Ltd. (OTCMKTS:MITSY) last issued its earnings results on Tuesday, February 4th. The industrial products company reported $10.87 earnings per share for the quarter. Mitsui & Co., Ltd. had a return on equity of 12.55% and a net margin of 6.91%. On average, research analysts predict that Mitsui & Co., Ltd. will post 42.43 EPS for the current year.

Mitsui & Co., Ltd. Company Profile

Mitsui & Co, Ltd. operates as an trading and investment company worldwide. The company engages in the manufacture and sale of steel products; steel processing, maintenance, and recycling activities; investment, development, and trading of mineral and metal resources, as well as resource recycling and industrial developing solutions; and upstream development, logistics, and trading of energy resources, such as natural gas/LNG, oil, coal, and uranium.