Mitsui & Co. (OTCMKTS:MITSY) Posts Earnings Results

Mitsui & Co. (OTCMKTS:MITSY) announced its earnings results on Tuesday. The industrial products company reported $13.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.36 by $3.65, Zacks reports. Mitsui & Co. had a net margin of 5.96% and a return on equity of 9.81%.

Mitsui & Co. Stock Performance

OTCMKTS:MITSY opened at $620.04 on Tuesday. The stock’s 50-day simple moving average is $598.38 and its 200 day simple moving average is $684.81. The firm has a market capitalization of $88.57 billion, a PE ratio of 16.05, a price-to-earnings-growth ratio of 1.13 and a beta of 0.47. The company has a quick ratio of 1.19, a current ratio of 1.41 and a debt-to-equity ratio of 0.56. Mitsui & Co. has a twelve month low of $397.36 and a twelve month high of $835.49.

Analyst Ratings Changes

Separately, Zacks Research cut Mitsui & Co. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Mitsui & Co. presently has a consensus rating of “Hold”.

About Mitsui & Co.

Mitsui & Co, Ltd. (OTCMKTS: MITSY) is a global sogo shosha, or general trading company, headquartered in Tokyo, Japan. Established in the aftermath of World War II, Mitsui & Co has grown into one of Japan’s largest trading houses, operating across a wide range of industries to connect producers, manufacturers and consumers around the world.

The company’s core activities include commodity trading, resource and energy development, project and infrastructure development, and strategic investing.