Shares of Mitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY – Get Free Report) gapped down prior to trading on Monday. The stock had previously closed at $36.6420, but opened at $34.1230. Mitsubishi Chemical shares last traded at $34.1230, with a volume of 265 shares traded.
Mitsubishi Chemical Stock Down 6.9%
The firm has a market cap of $9.84 billion, a P/E ratio of 18.55 and a beta of 0.68. The company has a current ratio of 1.57, a quick ratio of 1.03 and a debt-to-equity ratio of 0.60. The business has a 50-day moving average price of $37.03 and a 200-day moving average price of $34.28.
Mitsubishi Chemical (OTCMKTS:MTLHY – Get Free Report) last released its quarterly earnings data on Friday, July 31st. The company reported $1.33 earnings per share for the quarter. The firm had revenue of $6.30 billion during the quarter.
About Mitsubishi Chemical
Mitsubishi Chemical Group Corp. is a Japan-based chemical company that develops, manufactures and sells a broad range of specialty chemicals, performance materials and industrial products. Its offerings are used in sectors such as automotive, electronics, packaging, construction, healthcare, food and agriculture.
The company’s products include engineering plastics, composite materials, films, coatings, adhesives, carbon and fiber-based materials, performance polymers and other advanced materials.
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