Shares of Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY – Get Rating) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $12.70 and last traded at $13.19, with a volume of 388974 shares. The stock had previously closed at $13.07.
Analyst Ratings Changes
Separately, Mizuho upgraded Mitsubishi Estate from a "neutral" rating to a "buy" rating in a research report on Thursday, June 9th.
Get Mitsubishi Estate alerts:Mitsubishi Estate Trading Up 0.9 %
The stock has a market capitalization of $18.36 billion, a P/E ratio of 11.37 and a beta of 0.52. The stock's fifty day moving average price is $14.19 and its two-hundred day moving average price is $14.51. The company has a current ratio of 2.15, a quick ratio of 1.60 and a debt-to-equity ratio of 1.27.
Mitsubishi Estate (OTCMKTS:MITEY – Get Rating) last posted its quarterly earnings results on Friday, August 5th. The company reported $0.34 earnings per share for the quarter. The business had revenue of $2.36 billion during the quarter. Mitsubishi Estate had a net margin of 13.27% and a return on equity of 7.60%. Equities research analysts forecast that Mitsubishi Estate Co., Ltd. will post 1.07 EPS for the current year.About Mitsubishi Estate
(Get Rating)
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.
Read More
- Get a free copy of the StockNews.com research report on Mitsubishi Estate (MITEY)
- REV Group Has A Deep Moat In The World Of EVs
- Is G-III Apparel Group, Ltd. A Value Trap?
- Bank Of America Sees Upside In These 2 European Alcohol Stocks
- 3 Low Beta Defensive Stocks for a Tough Market
- It Could Be a September to Remember for These 3 Stocks
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.