Mitsubishi (OTCMKTS:MSBHF) Rating Lowered to “Hold” at Macquarie

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

Mitsubishi Stock Performance

Shares of Mitsubishi stock opened at $15.88 on Tuesday. Mitsubishi has a 52 week low of $15.25 and a 52 week high of $24.52. The company has a quick ratio of 1.13, a current ratio of 1.46 and a debt-to-equity ratio of 0.33. The business has a 50 day moving average price of $16.93 and a 200-day moving average price of $19.03. The company has a market cap of $35.16 billion, a PE ratio of 10.53 and a beta of 0.64.

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.