Mitsui & Co. (OTCMKTS:MITSY) Releases Earnings Results

Mitsui & Co. (OTCMKTS:MITSY) issued its earnings results on Monday. The industrial products company reported $13.01 EPS for the quarter, beating analysts’ consensus estimates of $9.36 by $3.65, Zacks reports. Mitsui & Co. had a return on equity of 9.81% and a net margin of 5.96%.The firm had revenue of $27.77 billion for the quarter, compared to the consensus estimate of $22.29 billion.

Mitsui & Co. Price Performance

Shares of Mitsui & Co. stock opened at $616.57 on Wednesday. The company has a current ratio of 1.41, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56. The firm has a fifty day simple moving average of $597.19 and a 200-day simple moving average of $684.69. The stock has a market capitalization of $88.07 billion, a price-to-earnings ratio of 15.96, a PEG ratio of 1.13 and a beta of 0.47. Mitsui & Co. has a 1-year low of $397.36 and a 1-year high of $835.49.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of Mitsui & Co. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Mitsui & Co. currently has an average rating of “Hold”.

About Mitsui & Co.

Mitsui & Co, Ltd. (OTCMKTS: MITSY) is a global sogo shosha, or general trading company, headquartered in Tokyo, Japan. Established in the aftermath of World War II, Mitsui & Co has grown into one of Japan’s largest trading houses, operating across a wide range of industries to connect producers, manufacturers and consumers around the world.

The company’s core activities include commodity trading, resource and energy development, project and infrastructure development, and strategic investing.