Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY – Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $16.29 and traded as high as $16.50. Mitsubishi Estate shares last traded at $16.00, with a volume of 21,723 shares.
Analysts Set New Price Targets
Separately, Citigroup upgraded shares of Mitsubishi Estate to a “strong-buy” rating in a report on Friday, August 16th.
Get Our Latest Report on Mitsubishi Estate
Mitsubishi Estate Stock Up 0.8 %
Mitsubishi Estate (OTCMKTS:MITEY – Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.10 earnings per share for the quarter. The business had revenue of $2.11 billion during the quarter. Mitsubishi Estate had a net margin of 11.38% and a return on equity of 5.47%.
About Mitsubishi Estate
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.
Featured Articles
- Five stocks we like better than Mitsubishi Estate
- What Are Some of the Best Large-Cap Stocks to Buy?
- The Average 401k Balance by Age Explained
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- 3 Uranium Stocks To Gain as Microsoft Goes Nuclear to Power AI
- The 3 Best Retail Stocks to Shop for in August
- Biotech Boom Ahead? Key Stocks and ETFs to Watch Now
Receive News & Ratings for Mitsubishi Estate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi Estate and related companies with MarketBeat.com's FREE daily email newsletter.