Mitsubishi Estate (OTCMKTS:MITEY) Hits New 1-Year High – Here’s Why

Mitsubishi Estate Co. (OTCMKTS:MITEY)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $25.43 and last traded at $25.43, with a volume of 12 shares changing hands. The stock had previously closed at $24.31.

Mitsubishi Estate Stock Up 3.3%

The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.45 and a current ratio of 2.09. The firm has a market cap of $30.92 billion, a price-to-earnings ratio of 24.19 and a beta of 0.09. The business’s 50 day moving average price is $22.26 and its 200 day moving average price is $20.93.

Mitsubishi Estate (OTCMKTS:MITEY) last posted its earnings results on Monday, November 10th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.14). The firm had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.74 billion. Mitsubishi Estate had a net margin of 11.67% and a return on equity of 5.47%. Mitsubishi Estate has set its FY 2025 guidance at 1.090-1.090 EPS.

Mitsubishi Estate Company Profile

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.