Mitsubishi Motors Corporation (OTCMKTS:MMTOF) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.17 and traded as high as $4.61. Mitsubishi Motors shares last traded at $4.61, with a volume of 200 shares changing hands.
Separately, Citigroup lowered Mitsubishi Motors from a “buy” rating to a “neutral” rating in a report on Tuesday, May 21st.
The company has a fifty day moving average price of $4.17 and a two-hundred day moving average price of $4.87.
Mitsubishi Motors Corporation, together with its subsidiaries, designs, develops, manufactures, assembles, markets, and sells automobiles, and related component and replacement parts in Asia, Europe, North America, and internationally. The company's products include cars and motors vehicles; and automobile engines, transmissions, and press parts.
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