Mitsui & Co. (OTCMKTS:MITSY) Cut to Hold at Zacks Research

Zacks Research lowered shares of Mitsui & Co. (OTCMKTS:MITSY) from a strong-buy rating to a hold rating in a research report sent to investors on Monday morning,Zacks.com reports.

Mitsui & Co. Price Performance

Shares of OTCMKTS MITSY opened at $524.52 on Monday. The firm has a market cap of $75.37 billion, a P/E ratio of 13.97, a PEG ratio of 10.20 and a beta of 0.64. Mitsui & Co. has a twelve month low of $333.10 and a twelve month high of $542.80. The company has a quick ratio of 1.32, a current ratio of 1.57 and a debt-to-equity ratio of 0.53. The company has a 50 day moving average of $500.16 and a 200 day moving average of $446.94.

Mitsui & Co. (OTCMKTS:MITSY) last posted its earnings results on Wednesday, November 5th. The industrial products company reported $10.94 EPS for the quarter, topping analysts’ consensus estimates of $7.77 by $3.17. The business had revenue of $22.42 billion during the quarter, compared to analyst estimates of $23.58 billion. Mitsui & Co. had a return on equity of 10.48% and a net margin of 5.77%. As a group, research analysts expect that Mitsui & Co. will post 42.43 EPS for the current fiscal year.

About Mitsui & Co.

Mitsui & Co, Ltd. operates as an trading and investment company worldwide. The company engages in the manufacture and sale of steel products; steel processing, maintenance, and recycling activities; investment, development, and trading of mineral and metal resources, as well as resource recycling and industrial developing solutions; and upstream development, logistics, and trading of energy resources, such as natural gas/LNG, oil, coal, and uranium.