Mitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 147 shares, a drop of 61.6% from the August 31st total of 383 shares. Based on an average daily volume of 75 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.0% of the shares of the company are short sold.
Mitsubishi Chemical Stock Performance
Mitsubishi Chemical stock opened at $37.05 on Monday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.57 and a quick ratio of 1.03. Mitsubishi Chemical has a 12 month low of $26.51 and a 12 month high of $38.74. The company has a fifty day moving average price of $36.81 and a two-hundred day moving average price of $33.62. The company has a market cap of $10.68 billion, a PE ratio of 20.14 and a beta of 0.64.
Mitsubishi Chemical (OTCMKTS:MTLHY – Get Free Report) last posted its quarterly earnings results on Friday, July 31st. The company reported $1.33 earnings per share (EPS) for the quarter. The business had revenue of $6.30 billion during the quarter.
About Mitsubishi Chemical
Mitsubishi Chemical Group Corporation, formerly known as Mitsubishi Chemical Holdings Corporation, is a Japan-based global chemical and materials company headquartered in Tokyo. The group develops and manufactures products used across industrial, automotive, electronics, packaging, healthcare and consumer applications.
Its businesses include performance materials, specialty chemicals, polymers, films, coatings, composites and advanced materials. The company also produces methyl methacrylate and related acrylic products, carbon and other industrial materials, and chemical products used in manufacturing and a range of end markets.
Mitsubishi Chemical Group serves customers in Japan and international markets through manufacturing, research and development, and sales operations in Asia, Europe, North America and other regions.
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