Mitsubishi Electric Co. (OTCMKTS:MIELF – Get Free Report) traded up 3.3% during trading on Tuesday . The company traded as high as $16.62 and last traded at $16.60. 443 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 1,625 shares. The stock had previously closed at $16.07.
Mitsubishi Electric Stock Up 3.3 %
The company has a market cap of $35.63 billion, a price-to-earnings ratio of 17.65 and a beta of 0.63. The firm has a 50 day moving average price of $15.80 and a two-hundred day moving average price of $16.39.
About Mitsubishi Electric
Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through five segments: Infrastructure, Industry Mobility, Life, Business Platform, and Other Businesses. 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, large 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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