Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY – Get Rating)'s stock price reached a new 52-week low on Monday . The stock traded as low as $13.06 and last traded at $13.45, with a volume of 185680 shares changing hands. The stock had previously closed at $13.64.
Analysts Set New Price Targets
Separately, Mizuho raised Mitsubishi Estate from a "neutral" rating to a "buy" rating in a research note on Thursday, June 9th.
Get Mitsubishi Estate alerts:Mitsubishi Estate Stock Down 1.4 %
The firm has a 50 day simple moving average of $14.26 and a two-hundred day simple moving average of $14.53. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.15 and a quick ratio of 1.60. The stock has a market cap of $18.72 billion, a price-to-earnings ratio of 11.86 and a beta of 0.50.
Mitsubishi Estate (OTCMKTS:MITEY – Get Rating) last released its quarterly earnings results on Friday, August 5th. The company reported $0.34 EPS for the quarter. The company had revenue of $2.36 billion for the quarter. Mitsubishi Estate had a return on equity of 7.60% and a net margin of 13.27%. As a group, sell-side analysts expect that Mitsubishi Estate Co., Ltd. will post 1.07 EPS for the current year.Mitsubishi Estate Company Profile
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Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company is involved in the development, leasing, property management, and sale of office buildings; planning, development, and tenant leasing of retail facilities/outlets; investment, development, operational management, and asset management of logistics facilities; operation of 16 hotels under the Royal Park Hotels brand in Japan and the Marunouchi Hotel in the Marunouchi area; and operation of Takamatsu Airport, Miyako Shimojishima Airport Terminal, Mt.
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