Mitsubishi Estate Co. (OTCMKTS:MITEY – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 12,404 shares, an increase of 109.3% from the May 31st total of 5,927 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 161,363 shares, the days-to-cover ratio is presently 0.1 days.
Mitsubishi Estate Trading Down 1.1%
Mitsubishi Estate stock opened at $25.59 on Wednesday. The stock has a market cap of $31.15 billion, a price-to-earnings ratio of 21.50 and a beta of 0.11. Mitsubishi Estate has a 12 month low of $17.23 and a 12 month high of $35.17. The business has a 50 day moving average price of $26.26 and a two-hundred day moving average price of $27.36. The company has a quick ratio of 1.39, a current ratio of 1.97 and a debt-to-equity ratio of 1.26.
Mitsubishi Estate Company Profile
Mitsubishi Estate Co, Ltd. (OTCMKTS: MITEY) is one of Japan’s largest real estate developers and a core company within the Mitsubishi corporate group. Headquartered in Tokyo, the firm is best known for large-scale urban development and property leasing, including landmark office districts and mixed-use complexes in central Tokyo. Its businesses span the full real estate value chain, from land acquisition and project development to leasing, sales, property and facility management, and real estate investment management.
The company’s commercial activities cover office buildings, retail and commercial facilities, residential housing, hotels and resorts, and logistics properties.
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