Mitsui & Co. (OTCMKTS:MITSY) Downgraded by Zacks Research to Hold

Mitsui & Co. (OTCMKTS:MITSYGet Free Report) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Mitsui & Co. Price Performance

Shares of Mitsui & Co. stock opened at $628.10 on Tuesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.41 and a quick ratio of 1.19. The business’s 50 day simple moving average is $742.39 and its two-hundred day simple moving average is $677.87. The stock has a market capitalization of $89.72 billion, a P/E ratio of 16.26, a price-to-earnings-growth ratio of 1.17 and a beta of 0.45. Mitsui & Co. has a one year low of $388.00 and a one year high of $835.49.

Mitsui & Co. (OTCMKTS:MITSYGet Free Report) last posted its earnings results on Thursday, April 30th. The industrial products company reported $9.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $10.81 by ($0.87). Mitsui & Co. had a net margin of 5.96% and a return on equity of 9.81%. The business had revenue of $23.22 billion for the quarter, compared to analysts’ expectations of $34.72 billion. Analysts forecast that Mitsui & Co. will post 47.56 EPS for the current year.

Mitsui & Co. Company Profile

(Get Free Report)

Mitsui & Co, Ltd. (OTCMKTS: MITSY) is a global sogo shosha, or general trading company, headquartered in Tokyo, Japan. Established in the aftermath of World War II, Mitsui & Co has grown into one of Japan’s largest trading houses, operating across a wide range of industries to connect producers, manufacturers and consumers around the world.

The company’s core activities include commodity trading, resource and energy development, project and infrastructure development, and strategic investing.

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