Mitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $30.00, but opened at $31.3250. Mitsubishi Chemical shares last traded at $31.3250, with a volume of 4,534 shares changing hands.
Mitsubishi Chemical Stock Up 4.4%
The company has a current ratio of 1.52, a quick ratio of 1.09 and a debt-to-equity ratio of 0.69. The business’s 50-day simple moving average is $28.04 and its 200-day simple moving average is $27.84. The company has a market capitalization of $9.03 billion, a PE ratio of 51.35 and a beta of 0.62.
About Mitsubishi Chemical
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.
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