Mitsui & Co. (OTCMKTS:MITSY) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Mitsui & Co. (OTCMKTS:MITSY)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $596.10 and traded as high as $792.89. Mitsui & Co. shares last traded at $787.00, with a volume of 3,810 shares trading hands.

Mitsui & Co. Stock Performance

The stock has a market cap of $113.08 billion, a price-to-earnings ratio of 19.70, a P/E/G ratio of 3.73 and a beta of 0.58. The company has a quick ratio of 1.22, a current ratio of 1.46 and a debt-to-equity ratio of 0.58. The company has a 50 day simple moving average of $714.41 and a 200 day simple moving average of $596.10.

Mitsui & Co. (OTCMKTS:MITSY) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $8.52 earnings per share for the quarter, missing analysts’ consensus estimates of $9.57 by ($1.05). The company had revenue of $23.11 billion during the quarter, compared to analyst estimates of $23.94 billion. Mitsui & Co. had a net margin of 6.13% and a return on equity of 10.55%. Mitsui & Co. has set its FY 2026 guidance at 1.860-1.860 EPS. As a group, equities research analysts forecast that Mitsui & Co. will post 42.43 EPS for the current year.

About Mitsui & Co.

Mitsui & Co, Ltd. (OTCMKTS: MITSY) is a global sogo shosha, or general trading company, headquartered in Tokyo, Japan. Established in the aftermath of World War II, Mitsui & Co has grown into one of Japan’s largest trading houses, operating across a wide range of industries to connect producers, manufacturers and consumers around the world.

The company’s core activities include commodity trading, resource and energy development, project and infrastructure development, and strategic investing.