Mitsubishi Electric (OTCMKTS:MIELF) Stock Price Down 0.4%

Mitsubishi Electric Co. (OTCMKTS:MIELF) shares fell 0.4% during mid-day trading on Friday . The company traded as low as $16.07 and last traded at $16.07. 271 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 697 shares. The stock had previously closed at $16.14.

Mitsubishi Electric Stock Performance

The firm has a 50-day moving average price of $15.90 and a 200 day moving average price of $14.35. The stock has a market capitalization of $34.50 billion, a P/E ratio of 18.05 and a beta of 0.65.

Mitsubishi Electric (OTCMKTS:MIELF) last issued its quarterly earnings results on Monday, February 5th. The company reported $0.21 EPS for the quarter. The business had revenue of $8.42 billion for the quarter.

Mitsubishi Electric Company Profile

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through five segments: Infrastructure, Industry Mobility, Life, Business Platform, and Other Businesses. 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, large 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.