Mitsui & Co Ltd (OTCMKTS:MITSY) Share Price Passes Above Two Hundred Day Moving Average of $318.35
Shares of Mitsui & Co Ltd (OTCMKTS:MITSY) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $318.35 and traded as high as $311.00. Mitsui & Co Ltd shares last traded at $311.00, with a volume of 1,633 shares traded.
Separately, Goldman Sachs Group raised shares of Mitsui & Co Ltd from a “neutral” rating to a “buy” rating in a research note on Tuesday, June 4th.
The firm has a market cap of $27.03 billion, a PE ratio of 7.24 and a beta of 0.60. The business’s 50 day moving average price is $323.48 and its 200 day moving average price is $318.35. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.43 and a quick ratio of 1.22.
Mitsui & Co, Ltd. operates as a general trading company worldwide. It engages in the export, import, wholesale, and retail of steel products; steel processing; mining and sale of iron ores; and sale and trading of non-ferrous scrap, alloys, and products. The company also invests in copper, nickel, coal, power generation, cobalt smelting, gas distribution, LNG terminal, deepwater drilling, cogeneration, truck leasing, shipping, passenger transport, methanol, crop protection, phosphorus ore, natural gas liquefaction, processed oil food, property management, healthcare staffing, mobile services, venture, cyber security, and private equity businesses.
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