Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY – Get Free Report) was the recipient of a significant drop in short interest in January. As of January 31st, there was short interest totalling 60,000 shares, a drop of 33.0% from the January 15th total of 89,500 shares. Based on an average trading volume of 188,700 shares, the days-to-cover ratio is currently 0.3 days.
Mitsubishi Estate Stock Up 0.3 %
Shares of OTCMKTS:MITEY traded up $0.05 on Friday, hitting $14.53. 34,102 shares of the company traded hands, compared to its average volume of 108,236. Mitsubishi Estate has a 52 week low of $12.78 and a 52 week high of $20.40. The stock has a 50 day simple moving average of $13.96 and a 200-day simple moving average of $14.93. The company has a market cap of $18.17 billion, a PE ratio of 15.62 and a beta of 0.47.
Mitsubishi Estate (OTCMKTS:MITEY – Get Free Report) last released its quarterly earnings data on Friday, February 7th. The company reported $0.28 EPS for the quarter. Mitsubishi Estate had a return on equity of 5.27% and a net margin of 11.39%.
Mitsubishi Estate Company Profile
Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.
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