Mitsubishi Chemical Group (OTCMKTS:MTLHY) Sets New 12-Month Low – Here’s What Happened

Shares of Mitsubishi Chemical Group Co. (OTCMKTS:MTLHYGet Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $25.03 and last traded at $25.70, with a volume of 827 shares. The stock had previously closed at $25.38.

Mitsubishi Chemical Group Trading Down 4.9 %

The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.82 and a current ratio of 1.31. The company has a market cap of $6.96 billion, a price-to-earnings ratio of 11.53 and a beta of 0.37. The company’s 50 day moving average price is $27.17 and its 200 day moving average price is $28.60.

Mitsubishi Chemical Group (OTCMKTS:MTLHYGet Free Report) last announced its quarterly earnings results on Friday, November 1st. The company reported $0.03 EPS for the quarter. Mitsubishi Chemical Group had a return on equity of 4.04% and a net margin of 2.07%. The company had revenue of $7.48 billion for the quarter.

About Mitsubishi Chemical Group

(Get Free Report)

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. It operates in five segments: Specialty Materials, Industrial Gases, Health Care, MMA, and Basic Materials. The Specialty Materials segment offers performance polymers, soarnol, gohsenol, sustainable polymers, and engineering plastics; coating materials, additives, and fines; packaging, industrial and medical, acetyl, and polyester films; engineering shapes and solutions, carbon fiber and composite materials, and fibers; aqua, life, and infrastructure solutions; and semiconductor, electronics, and battery materials.

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