Mitsui & Co., Ltd. (OTCMKTS:MITSY) Downgraded by Zacks Investment Research to “Hold”


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Zacks Investment Research downgraded shares of Mitsui & Co., Ltd. (OTCMKTS:MITSY) from a buy rating to a hold rating in a research note published on Saturday morning, Zacks.com reports.

According to Zacks, “The Mitsui Group is a global empire comprising more than 860 subsidiaries and associated companies with operations in chemicals, foodstuffs, general merchandise, iron and steel, machinery, nonferrous metals, textiles, energy, and real estate and service industries. “

Shares of MITSY opened at $415.96 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.64 and a quick ratio of 1.40. Mitsui & Co., Ltd. has a 1 year low of $257.14 and a 1 year high of $450.95. The company has a 50 day simple moving average of $428.30 and a two-hundred day simple moving average of $382.36. The firm has a market cap of $34.93 billion, a P/E ratio of 14.35, a price-to-earnings-growth ratio of 2.88 and a beta of 0.73.

Mitsui & Co., Ltd. (OTCMKTS:MITSY) last announced its quarterly earnings data on Wednesday, February 3rd. The industrial products company reported $10.12 earnings per share (EPS) for the quarter. Mitsui & Co., Ltd. had a net margin of 4.16% and a return on equity of 6.39%. The business had revenue of $15.85 billion during the quarter. On average, sell-side analysts anticipate that Mitsui & Co., Ltd. will post 27.54 earnings per share for the current year.

Mitsui & Co., Ltd. Company Profile

Mitsui & Co, Ltd. engages in the general trading business. It operates through the following segments: Iron and Steel Products, Mineral and Metal Resources, Machinery and Infrastructure, Chemicals, Energy, Lifestyle, Innovation and Corporate Development, and Others. The Iron and Steel Products segment manages the sourcing and supply of iron and steel products; investment in steel service centers; electric furnace steel mills, rolling mills, component manufacturers; and the iron and steel distribution industry.

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