Mitsubishi Estate (OTCMKTS:MITEY) Reaches New 12-Month Low – Here’s What Happened

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEYGet Free Report) shares reached a new 52-week low during trading on Thursday . The company traded as low as $12.96 and last traded at $13.11, with a volume of 167458 shares changing hands. The stock had previously closed at $13.53.

Mitsubishi Estate Stock Performance

The stock has a market capitalization of $16.40 billion, a price-to-earnings ratio of 14.10 and a beta of 0.47. The business has a 50-day moving average of $14.45 and a 200-day moving average of $15.60.

Mitsubishi Estate Company Profile

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Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.

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