Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY – Get Free Report) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totalling 200 shares, a decrease of 60.0% from the June 15th total of 500 shares. Based on an average daily trading volume, of 3,500 shares, the short-interest ratio is presently 0.1 days.
Mitsubishi Chemical Group Stock Performance
MTLHY stock traded up $1.59 during mid-day trading on Thursday, reaching $29.60. 497 shares of the stock traded hands, compared to its average volume of 1,709. The firm has a market capitalization of $8.42 billion, a PE ratio of 10.35 and a beta of 0.34. The business has a 50-day moving average of $27.26 and a two-hundred day moving average of $28.90. Mitsubishi Chemical Group has a 52 week low of $25.16 and a 52 week high of $33.97. The company has a quick ratio of 0.81, a current ratio of 1.27 and a debt-to-equity ratio of 0.70.
Mitsubishi Chemical Group (OTCMKTS:MTLHY – Get Free Report) last released its earnings results on Wednesday, May 15th. The company reported $0.37 earnings per share (EPS) for the quarter. Mitsubishi Chemical Group had a return on equity of 5.44% and a net margin of 2.75%. The firm had revenue of $7.69 billion for the quarter.
About Mitsubishi Chemical Group
Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. The company offers polyester films for various applications, including optical materials, for electronic displays; industrial materials for electronic components, automotive parts, and medical equipment; and packaging materials for food and other products.
See Also
- Five stocks we like better than Mitsubishi Chemical Group
- Investing In Preferred Stock vs. Common Stock
- Sales Breakout Sends This Semiconductor Stock to Record High
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Surprise Buying Opportunity on This Dividend Aristocrat
- Consumer Discretionary Stocks Explained
- New Theme Park Powerhouse: Merger Creates Industry-Leading Stock
Receive News & Ratings for Mitsubishi Chemical Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi Chemical Group and related companies with MarketBeat.com's FREE daily email newsletter.