Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY – Get Rating) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $13.87 and traded as high as $14.11. Mitsubishi Estate shares last traded at $13.69, with a volume of 113,613 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Mizuho upgraded shares of Mitsubishi Estate from a "neutral" rating to a "buy" rating in a report on Thursday, June 9th.
Get Mitsubishi Estate alerts:Mitsubishi Estate Stock Up 1.8 %
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 fifty day moving average of $13.87 and a 200 day moving average of $14.31. The firm has a market capitalization of $19.05 billion, a P/E ratio of 11.90 and a beta of 0.52.
Mitsubishi Estate (OTCMKTS:MITEY – Get Rating) last announced its quarterly earnings results on Friday, August 5th. The company reported $0.34 earnings per share (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%.Mitsubishi Estate Company Profile
(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.
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