Mitsubishi Electric Co. (OTCMKTS:MIELF – Get Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $36.5360, but opened at $38.5260. Mitsubishi Electric shares last traded at $38.5260, with a volume of 6,577 shares.
Mitsubishi Electric Trading Down 0.7%
The company has a market cap of $82.16 billion, a PE ratio of 40.70 and a beta of 0.63. The business has a 50 day simple moving average of $37.96 and a two-hundred day simple moving average of $34.38.
About Mitsubishi Electric
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.
Featured Articles
- Five stocks we like better than Mitsubishi Electric
- Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test
- From Industry Titans to Tiny Fish: 3 Key Stocks Insiders are Trading
- MarketBeat Week in Review – 06/01 – 06/05
- AI Server Earnings: Wall Street Sees One Clear Standout
Receive News & Ratings for Mitsubishi Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi Electric and related companies with MarketBeat.com's FREE daily email newsletter.
