Mitsubishi Motors (MMTOF) Projected to Post Quarterly Earnings on Tuesday

Mitsubishi Motors (OTCMKTS:MMTOF) is expected to be issuing its resultson Tuesday, May 12th. Analysts expect the company to announce earnings of $0.0901 per share and revenue of $5.0214 billion for the quarter.

Mitsubishi Motors Stock Performance

Shares of OTCMKTS MMTOF remained flat at $2.15 during midday trading on Tuesday. The stock had a trading volume of 11,628 shares, compared to its average volume of 2,688. Mitsubishi Motors has a 52 week low of $1.75 and a 52 week high of $3.38. The firm has a 50-day moving average price of $2.30 and a two-hundred day moving average price of $2.41.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded Mitsubishi Motors to a “sell” rating in a research report on Wednesday, January 7th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About Mitsubishi Motors

Mitsubishi Motors Corporation (OTCMKTS:MMTOF) is a Japan-based automotive manufacturer specializing in the design, development, production and sale of a wide range of vehicles. Its product lineup includes passenger cars, sport utility vehicles (SUVs), pickup trucks and plug-in hybrid electric vehicles (PHEVs). The company operates research and development centers, manufacturing plants and assembly facilities across Asia, Europe, Oceania and North America.

The origins of Mitsubishi Motors trace back to the automotive division of Mitsubishi Heavy Industries, which was established in the early 20th century.