Shares of Mitsubishi Electric Co. (OTCMKTS:MIELY – Get Free Report) hit a new 52-week high on Friday . The stock traded as high as $38.99 and last traded at $38.90, with a volume of 58875 shares. The stock had previously closed at $37.27.
Mitsubishi Electric Stock Performance
The company’s fifty day moving average price is $32.93 and its two-hundred day moving average price is $33.14. The firm has a market capitalization of $41.10 billion, a PE ratio of 20.69 and a beta of 0.57.
About Mitsubishi Electric
Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.
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