Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY – Get Free Report) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 100 shares, a decline of 97.3% from the November 30th total of 3,700 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is presently 0.0 days.
Mitsubishi Chemical Group Stock Performance
Mitsubishi Chemical Group stock traded down $1.04 during trading hours on Friday, hitting $23.77. 346 shares of the stock traded hands, compared to its average volume of 1,856. The firm’s 50 day moving average price is $26.59 and its 200-day moving average price is $28.50. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.31 and a quick ratio of 0.82. The stock has a market capitalization of $6.76 billion, a price-to-earnings ratio of 11.21 and a beta of 0.37. Mitsubishi Chemical Group has a 1 year low of $23.77 and a 1 year high of $34.45.
Mitsubishi Chemical Group (OTCMKTS:MTLHY – Get Free Report) last issued its 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 firm had revenue of $7.48 billion for the quarter.
Mitsubishi Chemical Group Company Profile
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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