Mitsubishi Chemical (OTCMKTS:MTLHY) Releases Earnings Results

Mitsubishi Chemical (OTCMKTS:MTLHY) posted its quarterly earnings results on Thursday. The company reported $0.75 EPS for the quarter, Zacks reports. The business had revenue of $6.49 billion during the quarter.

Mitsubishi Chemical Stock Performance

MTLHY stock remained flat at $30.45 during trading on Friday. The company had a trading volume of 449 shares, compared to its average volume of 299. The firm has a market capitalization of $8.78 billion, a PE ratio of 16.55 and a beta of 0.77. The firm’s 50-day moving average price is $36.28 and its 200-day moving average price is $33.90. 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 $39.05.

About Mitsubishi Chemical

Mitsubishi Chemical Group Corp. is a Japan-based chemical and materials company whose businesses serve industrial, healthcare, electronics, automotive, packaging, and consumer markets. The group develops and manufactures performance products, specialty chemicals, polymers, films, composite materials, and other advanced materials designed to support applications ranging from mobility and electronics to food packaging and infrastructure.

Its portfolio includes high-performance resins and engineering plastics, carbon fiber and composite materials, industrial films, coatings, adhesives, synthetic fibers, and materials used in semiconductor and display manufacturing.