Mitsubishi Chemical (OTCMKTS:MTLHY) Shares Gap Down – Here’s What Happened

Mitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY – Get Free Report)’s share price gapped down before the market opened on Monday. The stock had previously closed at $36.6420, but opened at $34.1230. Mitsubishi Chemical shares last traded at $34.1230, with a volume of 265 shares changing hands.

Mitsubishi Chemical Price Performance

The stock has a market cap of $10.08 billion, a PE ratio of 19.00 and a beta of 0.68. The business has a fifty day simple moving average of $36.96 and a two-hundred day simple moving average of $34.36. The company has a current ratio of 1.57, a quick ratio of 1.03 and a debt-to-equity ratio of 0.60.

Mitsubishi Chemical (OTCMKTS:MTLHY – Get Free Report) last released its earnings results on Friday, July 31st. The company reported $1.33 EPS for the quarter. The firm had revenue of $6.30 billion during the quarter.

Mitsubishi Chemical Company Profile

(Get Free Report)

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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