Mitsubishi Electric Co. (OTCMKTS:MIELF – Get Free Report) shares saw unusually-high trading volume on Monday. 40,497 shares were traded during mid-day trading, an increase of 255% from the previous session’s volume of 11,401 shares. The stock last traded at $32.9660 and had previously closed at $31.78.
Mitsubishi Electric Trading Up 1.7%
The company has a market cap of $67.23 billion, a P/E ratio of 33.31 and a beta of 0.63. The stock’s 50-day moving average price is $33.73 and its 200-day moving average price is $35.96.
Mitsubishi Electric Company Profile
Mitsubishi Electric Corporation is a Japan-based global manufacturer of electrical and electronic equipment. Founded in 1921 and headquartered in Tokyo, the company develops technologies and systems for industrial, infrastructure, commercial and consumer applications.
Its products and services include factory automation equipment, industrial robots, control systems, power-generation and distribution equipment, transportation systems, elevators and escalators, air-conditioning and building systems, and automotive equipment.
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