Shares of Mitsubishi Co. (OTCMKTS:MSBHY – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $40.23 and traded as low as $39.30. Mitsubishi shares last traded at $40.23, with a volume of 8,200 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Macquarie downgraded shares of Mitsubishi from an “outperform” rating to a “neutral” rating in a research note on Tuesday, January 7th.
Check Out Our Latest Stock Analysis on MSBHY
Mitsubishi Stock Performance
Mitsubishi Company Profile
Mitsubishi Corporation operates in industrial finance, energy, metals, machinery, chemicals, and daily living essentials worldwide. The company's Global Environmental & Infrastructure Business segment conducts environmental and infrastructure projects, related trading operations, and other activities in power generation, water, transportation, and other infrastructure fields.
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