Mitsubishi Electric Co. (OTCMKTS:MIELY – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $62.25 and last traded at $61.87, with a volume of 49519 shares traded. The stock had previously closed at $60.99.
Mitsubishi Electric Trading Down 2.9%
The business’s fifty day simple moving average is $55.08 and its 200-day simple moving average is $49.44. The firm has a market cap of $61.92 billion, a P/E ratio of 55.28 and a beta of 0.57.
Mitsubishi Electric Company Profile
Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.
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