Mitsubishi Chemical Holdings Corp. (OTCMKTS:MTLHY – Get Free Report)’s share price was up 10.6% on Tuesday . The stock traded as high as $32.40 and last traded at $32.40. Approximately 249 shares changed hands during trading, a decline of 62% from the average daily volume of 657 shares. The stock had previously closed at $29.29.
Mitsubishi Chemical Stock Performance
The business’s 50-day moving average price is $29.77 and its 200-day moving average price is $30.08. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 1.60. The stock has a market cap of $9.01 billion, a P/E ratio of 51.25 and a beta of 0.63.
Mitsubishi Chemical Company Profile
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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