Mitsubishi (OTCMKTS:MSBHY) Stock Passes Below 200 Day Moving Average – Time to Sell?

Mitsubishi Co. (OTCMKTS:MSBHYGet Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $40.23 and traded as low as $39.30. Mitsubishi shares last traded at $40.23, with a volume of 8,200 shares traded.

Mitsubishi Stock Up 0.2 %

The stock has a market cap of $29.89 billion and a P/E ratio of 6.29. The company has a quick ratio of 1.06, a current ratio of 1.33 and a debt-to-equity ratio of 0.72. The business has a 50-day simple moving average of $40.23 and a 200-day simple moving average of $40.23.

About Mitsubishi

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Mitsubishi Corporation operates in industrial finance, energy, metals, machinery, chemicals, and daily living essentials worldwide. The company's Global Environmental & Infrastructure Business segment conducts environmental and infrastructure projects, related trading operations, and other activities in power generation, water, transportation, and other infrastructure fields.

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