Mitsubishi Estate Co. (OTCMKTS:MITEY – Get Free Report)’s share price fell 6.7% on Monday . The company traded as low as $25.34 and last traded at $25.51. 123 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 52,138 shares. The stock had previously closed at $27.34.
Mitsubishi Estate Stock Down 3.5%
The stock has a fifty day moving average of $28.74 and a two-hundred day moving average of $26.67. The stock has a market cap of $30.70 billion, a price-to-earnings ratio of 21.19 and a beta of 0.16. The company has a quick ratio of 1.39, a current ratio of 1.97 and a debt-to-equity ratio of 1.26.
Mitsubishi Estate Company Profile
Mitsubishi Estate Co, Ltd. (OTCMKTS: MITEY) is one of Japan’s largest real estate developers and a core company within the Mitsubishi corporate group. Headquartered in Tokyo, the firm is best known for large-scale urban development and property leasing, including landmark office districts and mixed-use complexes in central Tokyo. Its businesses span the full real estate value chain, from land acquisition and project development to leasing, sales, property and facility management, and real estate investment management.
The company’s commercial activities cover office buildings, retail and commercial facilities, residential housing, hotels and resorts, and logistics properties.
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