Mitsui & Co. (OTCMKTS:MITSY) Shares Gap Up – What’s Next?

Mitsui & Co. (OTCMKTS:MITSY)’s share price gapped up before the market opened on Tuesday. The stock had previously closed at $600.0301, but opened at $649.56. Mitsui & Co. shares last traded at $624.68, with a volume of 303 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Mitsui & Co. from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 27th. One analyst has rated the stock with a Strong Buy rating. According to MarketBeat.com, Mitsui & Co. presently has a consensus rating of “Strong Buy”.

Mitsui & Co. Price Performance

The company has a 50 day moving average price of $638.34 and a 200-day moving average price of $667.71. The company has a market cap of $89.23 billion, a price-to-earnings ratio of 14.22, a P/E/G ratio of 0.92 and a beta of 0.50. The company has a quick ratio of 1.22, a current ratio of 1.45 and a debt-to-equity ratio of 0.55.

About Mitsui & Co.

Mitsui & Co is a Japan-based general trading and investment company with roots in Mitsui Bussan, established in 1876. The present company was established in 1947 and operates across a broad range of industries.

The company trades, develops and invests in businesses involving mineral and metal resources, energy, machinery and infrastructure, chemicals, mobility, food and consumer goods. Its activities also include services and projects related to logistics, information technology and healthcare.

Mitsui & Co serves customers and business partners in Japan and around the world through an international network of offices and subsidiaries.