Mitsubishi Chemical (OTCMKTS:MTLHY) Releases Earnings Results

Mitsubishi Chemical (OTCMKTS:MTLHY) issued its quarterly earnings results on Thursday. The company reported $0.75 EPS for the quarter, Zacks reports.

Mitsubishi Chemical Trading Down 14.6%

OTCMKTS MTLHY traded down $5.22 during mid-day trading on Thursday, reaching $30.45. 449 shares of the stock were exchanged, compared to its average volume of 299. The stock has a market capitalization of $8.78 billion, a PE ratio of 16.55 and a beta of 0.77. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.03 and a current ratio of 1.57. Mitsubishi Chemical has a 1-year low of $26.51 and a 1-year high of $39.05. The business’s fifty day simple moving average is $36.28 and its 200 day simple moving average is $33.90.

Mitsubishi Chemical Company Profile

Mitsubishi Chemical Group Corp. is a Japan-based chemical and materials company whose businesses serve industrial, healthcare, electronics, automotive, packaging, and consumer markets. The group develops and manufactures performance products, specialty chemicals, polymers, films, composite materials, and other advanced materials designed to support applications ranging from mobility and electronics to food packaging and infrastructure.

Its portfolio includes high-performance resins and engineering plastics, carbon fiber and composite materials, industrial films, coatings, adhesives, synthetic fibers, and materials used in semiconductor and display manufacturing.