Mitsui & Co Ltd (OTCMKTS:MITSY) Stock Price Passes Above Two Hundred Day Moving Average of $318.68

Mitsui & Co Ltd (OTCMKTS:MITSY) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $318.68 and traded as high as $357.50. Mitsui & Co Ltd shares last traded at $350.40, with a volume of 113 shares traded.

Separately, Goldman Sachs Group upgraded Mitsui & Co Ltd from a “neutral” rating to a “buy” rating in a report on Tuesday, June 4th.

The company has a debt-to-equity ratio of 0.81, a current ratio of 1.43 and a quick ratio of 1.22. The firm has a 50 day simple moving average of $317.44 and a 200-day simple moving average of $318.68.

Mitsui & Co Ltd (OTCMKTS:MITSY) last released its quarterly earnings data on Wednesday, July 31st. The industrial products company reported $13.08 earnings per share (EPS) for the quarter. The firm had revenue of $14.86 billion for the quarter. Mitsui & Co Ltd had a return on equity of 8.97% and a net margin of 6.26%.

About Mitsui & Co Ltd (OTCMKTS:MITSY)

Mitsui & Co, Ltd. operates as a general trading company worldwide. It engages in the export, import, wholesale, and retail of steel products; steel processing; mining and sale of iron ores; and sale and trading of non-ferrous scrap, alloys, and products. The company also invests in copper, nickel, coal, power generation, cobalt smelting, gas distribution, LNG terminal, deepwater drilling, cogeneration, truck leasing, shipping, passenger transport, methanol, crop protection, phosphorus ore, natural gas liquefaction, processed oil food, property management, healthcare staffing, mobile services, venture, cyber security, and private equity businesses.

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