Mitsui & Co. (OTCMKTS:MITSY) Rating Lowered to “Hold” at Zacks Research

Mitsui & Co. (OTCMKTS:MITSY) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Mitsui & Co. Trading Up 1.1%

Shares of OTCMKTS MITSY traded up $5.94 during trading on Monday, hitting $524.91. 1,723 shares of the company traded hands, compared to its average volume of 14,101. The firm has a market capitalization of $75.42 billion, a P/E ratio of 13.98, a P/E/G ratio of 10.20 and a beta of 0.64. Mitsui & Co. has a 1 year low of $333.10 and a 1 year high of $542.80. The company has a 50-day moving average price of $499.39 and a 200-day moving average price of $446.40. The company has a quick ratio of 1.32, a current ratio of 1.57 and a debt-to-equity ratio of 0.53.

Mitsui & Co. (OTCMKTS:MITSY) last posted its quarterly earnings data on Wednesday, November 5th. The industrial products company reported $10.94 earnings per share for the quarter, beating analysts’ consensus estimates of $7.77 by $3.17. The company had revenue of $22.42 billion during the quarter, compared to analysts’ expectations of $23.58 billion. Mitsui & Co. had a net margin of 5.77% and a return on equity of 10.48%. On average, equities analysts predict that Mitsui & Co. will post 42.43 EPS for the current year.

About Mitsui & Co.

Mitsui & Co, Ltd. operates as an trading and investment company worldwide. The company engages in the manufacture and sale of steel products; steel processing, maintenance, and recycling activities; investment, development, and trading of mineral and metal resources, as well as resource recycling and industrial developing solutions; and upstream development, logistics, and trading of energy resources, such as natural gas/LNG, oil, coal, and uranium.