Mitsui & Co. (OTCMKTS:MITSY) Shares Gap Down – Here’s What Happened

Mitsui & Co. (OTCMKTS:MITSY – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $630.74, but opened at $602.00. Mitsui & Co. shares last traded at $626.00, with a volume of 72 shares traded.

Mitsui & Co. Stock Performance

The firm’s fifty day moving average is $633.80 and its 200 day moving average is $651.30. The firm has a market capitalization of $90.41 billion, a price-to-earnings ratio of 14.92, a PEG ratio of 1.15 and a beta of 0.49. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.45 and a quick ratio of 1.22.

Mitsui & Co. (OTCMKTS:MITSY – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The industrial products company reported $13.01 earnings per share for the quarter, beating the consensus estimate of $9.36 by $3.65. The firm had revenue of $27.77 billion for the quarter, compared to analyst estimates of $22.29 billion. Mitsui & Co. had a net margin of 6.22% and a return on equity of 10.67%. On average, analysts predict that Mitsui & Co. will post 48.18 EPS for the current fiscal year.

About Mitsui & Co.

(Get Free Report)

Mitsui & Co, Ltd. is a Japanese general trading and investment company, commonly known as a sogo shosha. The company develops businesses, arranges the international trade of goods and services, and invests in projects and operating companies across a broad range of industries.

Its activities include mineral and metal resources, energy, infrastructure, mobility, machinery, chemicals, food and agriculture, healthcare, retail, information technology, and communications. Mitsui participates in areas such as natural gas and energy development, transportation and industrial equipment, logistics, digital services, and food distribution, often working with business partners and portfolio companies to build supply chains and operate projects.

Mitsui traces its modern corporate history to the establishment of Mitsui & Co in 1947, building on the longer commercial heritage of the Mitsui business group.

Recommended Stories

Receive News & Ratings for Mitsui & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsui & Co. and related companies with MarketBeat.com's FREE daily email newsletter.