Mitsubishi Electric Co. (OTCMKTS:MIELF – Get Free Report) saw unusually-high trading volume on Wednesday. Approximately 15,689 shares changed hands during trading, an increase of 37% from the previous session’s volume of 11,414 shares. The stock last traded at $33.2450 and had previously closed at $34.05.
Mitsubishi Electric Price Performance
The company has a market cap of $73.00 billion, a PE ratio of 36.17 and a beta of 0.63. The stock has a 50 day simple moving average of $34.47 and a two-hundred day simple moving average of $36.09.
About Mitsubishi Electric
Mitsubishi Electric Corporation is a Japanese technology and manufacturing company that develops and supplies electrical and electronic equipment for industrial, commercial and consumer applications. Founded in 1921, the company is part of the broader Mitsubishi group and serves customers in Japan and international markets.
Its business activities include factory automation and industrial control systems, power-generation and transmission equipment, transportation systems, elevators and escalators, building-management systems, and information and communications equipment.
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