Mitsubishi (OTCMKTS:MSBHY) Rating Lowered to “Neutral” at Macquarie

Mitsubishi (OTCMKTS:MSBHY) was downgraded by analysts at Macquarie from an “outperform” rating to a “neutral” rating in a research report issued on Tuesday,Briefing.com Automated Import reports.

Mitsubishi Stock Up 0.2 %

Shares of Mitsubishi stock traded up $0.09 on Tuesday, hitting $40.23. The company had a trading volume of 8,200 shares, compared to its average volume of 35,463. The stock has a 50 day moving average of $40.23 and a 200-day moving average of $40.23. Mitsubishi has a 1 year low of $38.64 and a 1 year high of $54.57. The stock has a market capitalization of $29.89 billion and a price-to-earnings ratio of 8.65. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.06 and a current ratio of 1.33.

About Mitsubishi

Mitsubishi Corporation operates in industrial finance, energy, metals, machinery, chemicals, and daily living essentials worldwide. The company's Global Environmental & Infrastructure Business segment conducts environmental and infrastructure projects, related trading operations, and other activities in power generation, water, transportation, and other infrastructure fields.