Mitsubishi (OTCMKTS:MSBHY) Lowered to “Neutral” Rating by Macquarie

Mitsubishi (OTCMKTS:MSBHY) was downgraded by investment analysts at Macquarie from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday,Briefing.com Automated Import reports.

Mitsubishi Price Performance

OTCMKTS:MSBHY traded up $0.09 during midday trading on Tuesday, hitting $40.23. The company had a trading volume of 8,200 shares, compared to its average volume of 35,463. The stock’s fifty day moving average price is $40.23 and its 200-day moving average price is $40.23. Mitsubishi has a 52-week low of $38.64 and a 52-week high of $54.57. 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 company has a market capitalization of $29.89 billion and a PE ratio of 8.65.

Mitsubishi Company Profile

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.