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

Macquarie lowered shares of Mitsubishi (OTCMKTS:MSBHF) from a strong-buy rating to a hold rating in a research note issued to investors on Tuesday,Zacks.com reports.

Mitsubishi Price Performance

Shares of OTCMKTS:MSBHF opened at $15.88 on Tuesday. The company’s fifty day moving average price is $16.93 and its 200-day moving average price is $19.03. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.46 and a quick ratio of 1.13. The firm has a market capitalization of $35.16 billion, a price-to-earnings ratio of 10.53 and a beta of 0.64. Mitsubishi has a one year low of $15.25 and a one year high of $24.52.

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.