Mitsubishi Electric Co. (OTCMKTS:MIELF – Get Free Report)’s stock price gapped down before the market opened on Wednesday. The stock had previously closed at $30.9660, but opened at $29.2080. Mitsubishi Electric shares last traded at $29.2080, with a volume of 890 shares.
Mitsubishi Electric Stock Down 1.0%
The stock’s fifty day simple moving average is $32.75 and its two-hundred day simple moving average is $35.42. The firm has a market cap of $62.08 billion, a PE ratio of 30.76 and a beta of 0.63.
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.
Read More
- Five stocks we like better than Mitsubishi Electric
- Robinhood Stock Is Down Nearly 37%—So Why Is Wall Street Still So Bullish?
- 5 Stocks to Buy in November: Bargains Worth Giving Thanks For
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
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.
