Mitsubishi (OTCMKTS:MSBHF) Downgraded by Macquarie to Hold

Mitsubishi (OTCMKTS:MSBHF) was downgraded by equities research analysts at Macquarie from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Mitsubishi Stock Down 1.4 %

Shares of Mitsubishi stock opened at $15.88 on Tuesday. The company has a current ratio of 1.46, a quick ratio of 1.13 and a debt-to-equity ratio of 0.33. Mitsubishi has a 12-month low of $15.25 and a 12-month high of $24.52. The company has a market cap of $35.16 billion, a P/E ratio of 10.53 and a beta of 0.64. The company’s fifty day simple moving average is $16.93 and its two-hundred day simple moving average is $19.03.

Mitsubishi Company Profile

Mitsubishi Corporation engages in the natural gas, industrial materials and infrastructure, petroleum and chemicals, mineral resources, automotive and mobility, food and consumer industry, power solution, and urban development businesses worldwide. The Natural Gas segment engages in the development and production of natural gas/oil; and liquified natural gas business.