Mitsubishi Estate (OTCMKTS:MITEY) Releases Quarterly Earnings Results

Mitsubishi Estate (OTCMKTS:MITEY) posted its quarterly earnings results on Monday. The company reported $0.26 earnings per share (EPS) for the quarter, Zacks reports. Mitsubishi Estate had a net margin of 12.13% and a return on equity of 5.27%.

Mitsubishi Estate Stock Down 1.7%

Shares of OTCMKTS MITEY opened at $17.57 on Monday. The firm has a market cap of $21.98 billion, a P/E ratio of 17.06 and a beta of 0.20. The business’s 50 day moving average price is $16.52 and its 200 day moving average price is $14.96. Mitsubishi Estate has a 52 week low of $12.78 and a 52 week high of $19.35.

About Mitsubishi Estate

Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.