Mitsubishi Estate (OTCMKTS:MITEY) Share Price Passes Below Two Hundred Day Moving Average of $16.34

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $16.34 and traded as low as $15.91. Mitsubishi Estate shares last traded at $16.03, with a volume of 34,419 shares.

Mitsubishi Estate Trading Up 2.8 %

The firm has a market capitalization of $20.95 billion, a PE ratio of 18.31 and a beta of 0.47. The company has a quick ratio of 1.46, a current ratio of 2.10 and a debt-to-equity ratio of 1.28. The business’s fifty day moving average price is $16.28 and its 200 day moving average price is $16.36.

Mitsubishi Estate (OTCMKTS:MITEY) last issued its quarterly earnings results on Friday, May 10th. The company reported $0.39 EPS for the quarter. The business had revenue of $3.89 billion during the quarter. Mitsubishi Estate had a net margin of 11.10% and a return on equity of 5.36%.

Mitsubishi Estate Company Profile

Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.