Mitsubishi Chemical Group (OTCMKTS:MTLHY) Hits New 12-Month High at $34.45

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) shares hit a new 52-week high during trading on Monday . The company traded as high as $34.45 and last traded at $34.19, with a volume of 1214 shares. The stock had previously closed at $32.91.

Mitsubishi Chemical Group Stock Up 3.9 %

The company has a market capitalization of $9.73 billion, a price-to-earnings ratio of 11.51 and a beta of 0.34. The business has a fifty day simple moving average of $29.81 and a two-hundred day simple moving average of $28.97. The company has a quick ratio of 0.81, a current ratio of 1.30 and a debt-to-equity ratio of 0.68.

Mitsubishi Chemical Group (OTCMKTS:MTLHY) last posted its earnings results on Thursday, August 1st. The company reported $0.89 earnings per share for the quarter. Mitsubishi Chemical Group had a net margin of 2.61% and a return on equity of 5.09%. The business had revenue of $7.24 billion for the quarter.

About Mitsubishi Chemical Group

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. The company offers polyester films for various applications, including optical materials, for electronic displays; industrial materials for electronic components, automotive parts, and medical equipment; and packaging materials for food and other products.