Mitsubishi Chemical (OTCMKTS:MTLHY) Issues Earnings Results

Mitsubishi Chemical (OTCMKTS:MTLHY) issued its quarterly earnings results on Thursday. The company reported $0.75 earnings per share (EPS) for the quarter, Zacks reports.

Mitsubishi Chemical Trading Down 14.6%

Shares of MTLHY stock traded down $5.22 during trading hours on Thursday, hitting $30.45. 449 shares of the company were exchanged, compared to its average volume of 299. The firm has a market cap of $8.78 billion, a PE ratio of 16.55 and a beta of 0.77. Mitsubishi Chemical has a 1 year low of $26.51 and a 1 year high of $39.05. The company has a quick ratio of 1.03, a current ratio of 1.57 and a debt-to-equity ratio of 0.60. The firm has a fifty day moving average of $36.28 and a 200 day moving average of $33.90.

About Mitsubishi Chemical

Mitsubishi Chemical Group Corp. is a Japan-based chemical and materials company whose businesses serve industrial, healthcare, electronics, automotive, packaging, and consumer markets. The group develops and manufactures performance products, specialty chemicals, polymers, films, composite materials, and other advanced materials designed to support applications ranging from mobility and electronics to food packaging and infrastructure.

Its portfolio includes high-performance resins and engineering plastics, carbon fiber and composite materials, industrial films, coatings, adhesives, synthetic fibers, and materials used in semiconductor and display manufacturing.