Mitsubishi (OTCMKTS:MSBHF) Downgraded by Macquarie to Hold

Macquarie lowered shares of Mitsubishi (OTCMKTS:MSBHF) from a strong-buy rating to a hold rating in a report released on Tuesday morning,Zacks.com reports.

Mitsubishi Price Performance

Mitsubishi stock opened at $15.88 on Tuesday. The company has a current ratio of 1.46, a quick ratio of 1.13 and a debt-to-equity ratio of 0.33. The business’s 50 day simple moving average is $16.93 and its 200 day simple moving average is $19.03. Mitsubishi has a 12 month low of $15.25 and a 12 month high of $24.52. The company has a market cap of $35.16 billion, a price-to-earnings 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.