Mitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY – Get Free Report)’s share price gapped up prior to trading on Wednesday. The stock had previously closed at $37.05, but opened at $39.0520. Mitsubishi Chemical shares last traded at $39.0520, with a volume of 1,291 shares trading hands.
Mitsubishi Chemical Trading Up 5.4%
The business has a fifty day moving average of $36.84 and a 200-day moving average of $33.75. The stock has a market capitalization of $11.26 billion, a price-to-earnings ratio of 21.22 and a beta of 0.64. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.57 and a quick ratio of 1.03.
Mitsubishi Chemical (OTCMKTS:MTLHY – Get Free Report) last issued its quarterly 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 during the quarter.
Mitsubishi Chemical Company Profile
Mitsubishi Chemical Group Corp. is a Japan-based chemical company that develops, manufactures and sells a broad range of specialty chemicals, performance materials and industrial products. Its offerings are used in sectors such as automotive, electronics, packaging, construction, healthcare, food and agriculture.
The company’s products include engineering plastics, composite materials, films, coatings, adhesives, carbon and fiber-based materials, performance polymers and other advanced materials.
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