Posted by admin on Apr 16th, 2022
Mitsui & Co., Ltd. (OTCMKTS:MITSY – Get Rating) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 2,400 shares, an increase of 140.0% from the March 15th total of 1,000 shares. Based on an average trading volume of 4,800 shares, the days-to-cover ratio is presently 0.5 days.
OTCMKTS MITSY opened at $514.84 on Friday. The company has a market cap of $42.16 billion, a P/E ratio of 6.06, a P/E/G ratio of 0.27 and a beta of 0.68. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.27 and a current ratio of 1.53. The business’s 50 day moving average price is $523.16 and its 200-day moving average price is $486.51. Mitsui & Co., Ltd. has a fifty-two week low of $368.00 and a fifty-two week high of $577.00.
Mitsui & Co., Ltd. (OTCMKTS:MITSY – Get Rating) last released its earnings results on Thursday, February 3rd. The industrial products company reported $24.80 earnings per share for the quarter. The firm had revenue of $27.93 billion for the quarter. Mitsui & Co., Ltd. had a return on equity of 15.27% and a net margin of 6.44%. As a group, equities analysts predict that Mitsui & Co., Ltd. will post 95.64 EPS for the current year.
Separately, Zacks Investment Research raised Mitsui & Co., Ltd. from a “hold” rating to a “strong-buy” rating and set a $590.00 price objective on the stock in a research note on Friday, March 11th.
About Mitsui & Co., Ltd. (Get Rating)
Mitsui & Co, Ltd. operates as a general trading company worldwide. The company engages in the manufacture, export, and import of iron and steel products; automotive components, EV motors, and power trains; operation of steel processing service centers; trading of automotive, electrical, special, and stainless steel; electric-arc-furnace, construction materials processing, construction flat-rolled steel, shapes, bars, wire rods, steel structure materials, and construction pipes; manufacture, repair, and fabrication of wind turbine towers and flanges; and coal mining, power generation, ferrous alloy, infrastructure maintenance, and water pumping activities.
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