Mitsubishi (OTCMKTS:MSBHY) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of Mitsubishi Co. (OTCMKTS:MSBHY) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $40.23 and traded as low as $39.30. Mitsubishi shares last traded at $40.23, with a volume of 8,200 shares trading hands.

Wall Street Analyst Weigh In

Separately, Macquarie cut Mitsubishi from an “outperform” rating to a “neutral” rating in a report on Tuesday, January 7th.

Mitsubishi Stock Performance

The company’s 50-day simple moving average is $40.23 and its 200-day simple moving average is $40.23. The stock has a market capitalization of $29.89 billion and a price-to-earnings ratio of 8.65. The company has a current ratio of 1.33, a quick ratio of 1.06 and a debt-to-equity ratio of 0.72.

Mitsubishi Company Profile

Mitsubishi Corporation operates in industrial finance, energy, metals, machinery, chemicals, and daily living essentials worldwide. The company's Global Environmental & Infrastructure Business segment conducts environmental and infrastructure projects, related trading operations, and other activities in power generation, water, transportation, and other infrastructure fields.