Mitsubishi Chemical Group (OTCMKTS:MTLHY) Releases Earnings Results

Mitsubishi Chemical Group (OTCMKTS:MTLHY) issued its earnings results on Thursday. The company reported $0.43 earnings per share (EPS) for the quarter, Zacks reports. Mitsubishi Chemical Group had a return on equity of 4.04% and a net margin of 2.07%.

Mitsubishi Chemical Group Stock Performance

Shares of Mitsubishi Chemical Group stock remained flat at $26.00 during trading hours on Thursday. 31 shares of the company’s stock were exchanged, compared to its average volume of 480. The company has a quick ratio of 0.82, a current ratio of 1.31 and a debt-to-equity ratio of 0.69. The business has a 50 day simple moving average of $25.69 and a two-hundred day simple moving average of $28.08. The stock has a market cap of $7.40 billion, a P/E ratio of 12.26 and a beta of 0.38. Mitsubishi Chemical Group has a 12-month low of $23.77 and a 12-month high of $34.45.

Mitsubishi Chemical Group Company Profile

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. It operates in five segments: Specialty Materials, Industrial Gases, Health Care, MMA, and Basic Materials. The Specialty Materials segment offers performance polymers, soarnol, gohsenol, sustainable polymers, and engineering plastics; coating materials, additives, and fines; packaging, industrial and medical, acetyl, and polyester films; engineering shapes and solutions, carbon fiber and composite materials, and fibers; aqua, life, and infrastructure solutions; and semiconductor, electronics, and battery materials.