Mitsui & Co., Ltd. (OTCMKTS:MITSY) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Mitsui & Co., Ltd. (OTCMKTS:MITSY)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $396.00 and traded as high as $406.00. Mitsui & Co., Ltd. shares last traded at $399.98, with a volume of 10,013 shares changing hands.

Mitsui & Co., Ltd. Trading Down 0.8%

The firm has a market cap of $57.97 billion, a price-to-earnings ratio of 9.08 and a beta of 0.78. The business’s 50 day moving average price is $382.88 and its 200-day moving average price is $396.00. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.23 and a current ratio of 1.48.

Mitsui & Co., Ltd. (OTCMKTS:MITSY) last issued its earnings results on Thursday, May 1st. The industrial products company reported $11.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $12.73 by ($1.48). The company had revenue of $25.31 billion during the quarter, compared to analyst estimates of $23.44 billion. Mitsui & Co., Ltd. had a net margin of 6.91% and a return on equity of 12.55%. Equities analysts expect that Mitsui & Co., Ltd. will post 42.43 EPS for the current year.

Mitsui & Co., Ltd. Company Profile

Mitsui & Co, Ltd. operates as an trading and investment company worldwide. The company engages in the manufacture and sale of steel products; steel processing, maintenance, and recycling activities; investment, development, and trading of mineral and metal resources, as well as resource recycling and industrial developing solutions; and upstream development, logistics, and trading of energy resources, such as natural gas/LNG, oil, coal, and uranium.