Mitsubishi Electric Co. (OTCMKTS:MIELY – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $38.99 and last traded at $38.90, with a volume of 58875 shares changing hands. The stock had previously closed at $37.27.
Mitsubishi Electric Stock Performance
The firm has a market cap of $41.15 billion, a price-to-earnings ratio of 20.72 and a beta of 0.57. The firm has a fifty day simple moving average of $33.03 and a 200-day simple moving average of $33.20.
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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