Mitsubishi Chemical (OTCMKTS:MTLHY) Posts Quarterly Earnings Results

Mitsubishi Chemical (OTCMKTS:MTLHY) released its quarterly earnings results on Friday. The company reported $1.33 earnings per share (EPS) for the quarter, Zacks reports.

Mitsubishi Chemical Stock Performance

OTCMKTS:MTLHY remained flat at $36.25 during mid-day trading on Friday. 14 shares of the company’s stock traded hands, compared to its average volume of 58. The company has a current ratio of 1.50, a quick ratio of 1.02 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $10.45 billion, a P/E ratio of 59.43 and a beta of 0.65. The business has a 50-day simple moving average of $34.80 and a 200 day simple moving average of $32.52. Mitsubishi Chemical has a 52-week low of $25.86 and a 52-week high of $38.74.

Mitsubishi Chemical Company Profile

Mitsubishi Chemical (OTCMKTS:MTLHY) is the U.S. trading line of Mitsubishi Chemical Holdings Corporation, one of Japan’s leading integrated chemical companies. The company operates through a diversified portfolio of specialty chemicals, performance materials, petrochemicals and healthcare products. Its product offering spans from high‐performance plastics, electronic and battery materials to pharmaceutical intermediates, industrial gases and carbon‐fiber composites designed for automotive, electronics and aerospace applications.

Founded originally as Mitsubishi Chemical Corporation in 1933 and reorganized under Mitsubishi Chemical Holdings in 2005, the company is part of the broader Mitsubishi keiretsu.