Mitsui & Co. (OTCMKTS:MITSY) Stock Breaks Above 50-Day Moving Average – Here’s What Happened

Shares of Mitsui & Co. (OTCMKTS:MITSY) passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $637.34 and traded as high as $662.94. Mitsui & Co. shares last traded at $641.89, with a volume of 4,139 shares traded.

Analyst Ratings Changes

Separately, Zacks Research raised Mitsui & Co. from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 27th. One research analyst has rated the stock with a Strong Buy rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.

Mitsui & Co. Stock Performance

The company’s 50-day moving average price is $637.34 and its 200 day moving average price is $667.40. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.22 and a current ratio of 1.45. The stock has a market capitalization of $91.69 billion, a PE ratio of 14.61, a PEG ratio of 0.92 and a beta of 0.50.

Mitsui & Co. Company Profile

Mitsui & Co. is a Japan-based general trading and investment company with roots in Mitsui Bussan, established in 1876. The present company was established in 1947 and operates across a broad range of industries. The company trades, develops and invests in businesses involving mineral and metal resources, energy, machinery and infrastructure, chemicals, mobility, food and consumer goods. Its activities also include services and projects related to logistics, information technology and healthcare.