Shares of Mitsubishi Electric Co. (OTCMKTS:MIELF – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $39.4120 and last traded at $39.4120, with a volume of 652 shares. The stock had previously closed at $38.07.
Mitsubishi Electric Price Performance
The firm has a market capitalization of $84.63 billion, a PE ratio of 41.93 and a beta of 0.63. The firm has a fifty day moving average price of $32.88 and a 200 day moving average price of $28.84.
Mitsubishi Electric Company Profile
Mitsubishi Electric Corporation (trading OTC as MIELF) is a diversified Japanese multinational manufacturer of electrical and electronic equipment. Established in 1921 as part of the broader Mitsubishi group, the company is headquartered in Tokyo and has grown into a global supplier of products and systems for industrial, commercial, infrastructure and consumer markets.
The company’s operations span a wide range of businesses including power and energy systems, factory automation and industrial machinery, building systems such as elevators and escalators, heating, ventilation and air-conditioning (HVAC) equipment, transportation systems including railway and traffic control solutions, and space and defense-related products.
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