Shares of Mitsubishi Electric Co. (OTCMKTS:MIELF – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $33.1284, but opened at $31.66. Mitsubishi Electric shares last traded at $31.66, with a volume of 220 shares.
Mitsubishi Electric Stock Performance
The stock has a fifty day moving average of $34.95 and a 200-day moving average of $36.30. The company has a market cap of $68.32 billion, a PE ratio of 33.85 and a beta of 0.63.
Mitsubishi Electric Company Profile
Mitsubishi Electric Corporation is a Japan-based global manufacturer of electrical and electronic equipment. Founded in 1921 and headquartered in Tokyo, the company develops products and systems for residential, commercial, industrial and infrastructure applications.
Its businesses include energy and electric systems, factory automation and industrial control equipment, building systems such as elevators and escalators, automotive equipment, information and communications systems, electronic devices and semiconductors, and home appliances.
See Also
- Five stocks we like better than Mitsubishi Electric
- Analysts See Double-Digit Upside for These 3 Stocks
- 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
- Jackson’s Record Quarter Powers the Bull Case
- Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big
Receive News & Ratings for Mitsubishi Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi Electric and related companies with MarketBeat.com's FREE daily email newsletter.
