Mitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY – Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 371 shares, an increase of 75.0% from the July 30th total of 212 shares. Based on an average daily volume of 171 shares, the short-interest ratio is presently 2.2 days. Currently, 0.0% of the shares of the company are sold short.
Mitsubishi Chemical Price Performance
MTLHY stock opened at $37.05 on Monday. The stock has a fifty day moving average of $36.02 and a 200-day moving average of $33.24. Mitsubishi Chemical has a fifty-two week low of $26.51 and a fifty-two week high of $38.74. The company has a market capitalization of $10.68 billion, a price-to-earnings ratio of 20.14 and a beta of 0.65. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.02 and a current ratio of 1.50.
Mitsubishi Chemical (OTCMKTS:MTLHY – Get Free Report) last issued its earnings results on Friday, July 31st. The company reported $1.33 earnings per share for the quarter. The business had revenue of $6.30 billion for the quarter.
Mitsubishi Chemical Company Profile
Mitsubishi Chemical (OTCMKTS:MTLHY) is the U.S. trading line of Mitsubishi Chemical Holdings Corporation, one of Japan’s leading integrated chemical companies. The company operates through a diversified portfolio of specialty chemicals, performance materials, petrochemicals and healthcare products. Its product offering spans from high‐performance plastics, electronic and battery materials to pharmaceutical intermediates, industrial gases and carbon‐fiber composites designed for automotive, electronics and aerospace applications.
Founded originally as Mitsubishi Chemical Corporation in 1933 and reorganized under Mitsubishi Chemical Holdings in 2005, the company is part of the broader Mitsubishi keiretsu.
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