Shares of Mitsubishi Electric Co. (OTCMKTS:MIELY – Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $32.27 and traded as low as $31.72. Mitsubishi Electric shares last traded at $31.72, with a volume of 103,686 shares.
Mitsubishi Electric Trading Up 1.1 %
The firm’s 50-day moving average price is $32.14 and its two-hundred day moving average price is $33.11.
Mitsubishi Electric Company Profile
Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.
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