Mitsubishi (OTCMKTS:MSBHF) Downgraded to Hold Rating by Macquarie

Mitsubishi (OTCMKTS:MSBHF) was downgraded by stock analysts at Macquarie from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

Mitsubishi Stock Performance

OTCMKTS MSBHF opened at $15.88 on Tuesday. The company has a 50-day simple moving average of $16.93 and a two-hundred day simple moving average of $19.03. Mitsubishi has a 12-month low of $15.25 and a 12-month high of $24.52. The firm has a market cap of $35.16 billion, a price-to-earnings ratio of 10.53 and a beta of 0.64. The company has a quick ratio of 1.13, a current ratio of 1.46 and a debt-to-equity ratio of 0.33.

About Mitsubishi

Mitsubishi Corporation engages in the natural gas, industrial materials and infrastructure, petroleum and chemicals, mineral resources, automotive and mobility, food and consumer industry, power solution, and urban development businesses worldwide. The Natural Gas segment engages in the development and production of natural gas/oil; and liquified natural gas business.