Mitsubishi Estate (OTCMKTS:MITEY) Shares Cross Below Two Hundred Day Moving Average of $15.92

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $15.92 and traded as low as $15.10. Mitsubishi Estate shares last traded at $15.13, with a volume of 61,150 shares.

Mitsubishi Estate Trading Down 0.7 %

The company has a debt-to-equity ratio of 1.28, a current ratio of 2.10 and a quick ratio of 1.46. The business’s 50 day moving average price is $17.35 and its 200-day moving average price is $15.92. The firm has a market capitalization of $19.23 billion, a price-to-earnings ratio of 16.81 and a beta of 0.47.

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

About Mitsubishi Estate

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.