Mitsubishi Chemical (OTCMKTS:MTLHY) Announces Quarterly Earnings Results

Mitsubishi Chemical (OTCMKTS:MTLHY) issued its quarterly earnings results on Friday. The company reported $1.33 earnings per share for the quarter, Zacks reports.

Mitsubishi Chemical Price Performance

Shares of OTCMKTS:MTLHY remained flat at $36.25 during midday trading on Friday. The stock had a trading volume of 14 shares, compared to its average volume of 58. The firm has a market cap of $10.45 billion, a price-to-earnings ratio of 59.43 and a beta of 0.65. The company’s 50-day moving average is $34.80 and its 200 day moving average is $32.52. Mitsubishi Chemical has a twelve month low of $25.86 and a twelve month high of $38.74. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.02 and a current ratio of 1.50.

Mitsubishi Chemical Company Profile

Mitsubishi Chemical (OTCMKTS:MTLHY) is the U.S. trading line of Mitsubishi Chemical Holdings Corporation, one of Japan’s leading integrated chemical companies. The company operates through a diversified portfolio of specialty chemicals, performance materials, petrochemicals and healthcare products. Its product offering spans from high?performance plastics, electronic and battery materials to pharmaceutical intermediates, industrial gases and carbon?fiber composites designed for automotive, electronics and aerospace applications.

Founded originally as Mitsubishi Chemical Corporation in 1933 and reorganized under Mitsubishi Chemical Holdings in 2005, the company is part of the broader Mitsubishi keiretsu.