Mitsubishi Materials (OTCMKTS:MIMTF) Trading Down 4.2% – Here’s What Happened

Mitsubishi Materials Co. (OTCMKTS:MIMTFGet Free Report) dropped 4.2% on Thursday . The stock traded as low as C$17.25 and last traded at C$17.25. Approximately 100 shares traded hands during trading, a decline of 100% from the average daily volume of 26,987 shares. The stock had previously closed at C$18.00.

Mitsubishi Materials Stock Down 4.2 %

The business’s 50 day moving average price is C$17.80 and its 200-day moving average price is C$18.56.

Mitsubishi Materials Company Profile

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Mitsubishi Materials Corporation, together with its subsidiaries, engages in metals, metalworking solutions, cement, environment and energy, and electronic materials businesses in Japan. The company offers automotive products, including engine, drive system, and onboard equipment parts and materials; exterior parts and materials; electronic parts and materials; hybrid, EV, and fuel cell car parts and materials; tools; recycling, and green products and materials; environment and recycle technology; energy recovery resources, such as shredder residue, batteries, and e-scrap; and recycling facilities.

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