Mitsubishi Electric Co. (OTCMKTS:MIELF – Get Free Report)’s share price traded up 8.5% during trading on Thursday . The company traded as high as $34.34 and last traded at $34.34. 199 shares traded hands during trading, a decline of 98% from the average daily volume of 11,948 shares. The stock had previously closed at $31.6460.
Mitsubishi Electric Trading Up 1.5%
The firm has a market capitalization of $68.66 billion, a PE ratio of 34.02 and a beta of 0.63. The business’s 50 day simple moving average is $35.48 and its 200 day simple moving average is $36.52.
About Mitsubishi Electric
Mitsubishi Electric Corporation is a Japan-based global manufacturer of electrical and electronic equipment. Founded in 1921 and headquartered in Tokyo, the company develops products and systems for residential, commercial, industrial and infrastructure applications.
Its businesses include energy and electric systems, factory automation and industrial control equipment, building systems such as elevators and escalators, automotive equipment, information and communications systems, electronic devices and semiconductors, and home appliances.
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