Mitsubishi Electric Co. (OTCMKTS:MIELF – Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as $20.82 and last traded at $20.82, with a volume of 3855 shares trading hands. The stock had previously closed at $20.61.
Mitsubishi Electric Stock Performance
The firm has a fifty day moving average price of $18.66 and a two-hundred day moving average price of $17.53. The stock has a market capitalization of $44.70 billion, a P/E ratio of 22.15 and a beta of 0.63.
About Mitsubishi Electric
Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through five segments: Infrastructure, Industry Mobility, Life, Business Platform, and Other Businesses. 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, large 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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