Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY – Get Free Report) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 500 shares, a growth of 66.7% from the February 28th total of 300 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 0.5 days.
Mitsubishi Chemical Group Price Performance
Mitsubishi Chemical Group stock remained flat at $26.20 during trading on Friday. The company had a trading volume of 147 shares, compared to its average volume of 794. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.82 and a current ratio of 1.31. The company’s 50-day moving average price is $25.98 and its 200 day moving average price is $27.20. Mitsubishi Chemical Group has a fifty-two week low of $23.77 and a fifty-two week high of $34.45. The firm has a market cap of $7.45 billion, a PE ratio of 15.23 and a beta of 0.35.
Mitsubishi Chemical Group (OTCMKTS:MTLHY – Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.43 earnings per share for the quarter. Mitsubishi Chemical Group had a return on equity of 3.18% and a net margin of 1.66%.
About Mitsubishi Chemical Group
Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. It operates in five segments: Specialty Materials, Industrial Gases, Health Care, MMA, and Basic Materials. The Specialty Materials segment offers performance polymers, soarnol, gohsenol, sustainable polymers, and engineering plastics; coating materials, additives, and fines; packaging, industrial and medical, acetyl, and polyester films; engineering shapes and solutions, carbon fiber and composite materials, and fibers; aqua, life, and infrastructure solutions; and semiconductor, electronics, and battery materials.
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