Mitsubishi (OTCMKTS:MSBHY) Shares Pass Above 50-Day Moving Average – Should You Sell?

Posted by Trent Williams on Jan 15th, 2025

Shares of Mitsubishi Co. (OTCMKTS:MSBHY – Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $40.23 and traded as high as $40.25. Mitsubishi shares last traded at $40.23, with a volume of 8,200 shares traded.

Analysts Set New Price Targets

Separately, Macquarie downgraded Mitsubishi from an “outperform” rating to a “neutral” rating in a research report on Tuesday, January 7th.

View Our Latest Report on Mitsubishi

Mitsubishi Stock Up 0.2 %

The company has a market cap of $29.89 billion and a P/E ratio of 8.65. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.06 and a current ratio of 1.33. The business’s fifty day moving average is $40.23 and its two-hundred day moving average is $40.23.

About Mitsubishi

(Get Free Report)

Mitsubishi Corporation operates in industrial finance, energy, metals, machinery, chemicals, and daily living essentials worldwide. The company's Global Environmental & Infrastructure Business segment conducts environmental and infrastructure projects, related trading operations, and other activities in power generation, water, transportation, and other infrastructure fields.