Mitsubishi Electric (MIELF) to Post Quarterly Earnings on Friday

Mitsubishi Electric (OTCMKTS:MIELF) is anticipated to post its resultson Friday, July 31st. Analysts expect Mitsubishi Electric to post earnings of $0.3111 per share and revenue of $8.5434 billion for the quarter.

Mitsubishi Electric Stock Performance

Mitsubishi Electric stock opened at $34.50 on Friday. The company has a market cap of $74.08 billion, a P/E ratio of 36.70 and a beta of 0.63. Mitsubishi Electric has a one year low of $20.95 and a one year high of $44.01. The business has a fifty day moving average of $37.18 and a two-hundred day moving average of $36.17.

About Mitsubishi Electric

Mitsubishi Electric Corporation (trading OTC as MIELF) is a diversified Japanese multinational manufacturer of electrical and electronic equipment. Established in 1921 as part of the broader Mitsubishi group, the company is headquartered in Tokyo and has grown into a global supplier of products and systems for industrial, commercial, infrastructure and consumer markets.

The company’s operations span a wide range of businesses including power and energy systems, factory automation and industrial machinery, building systems such as elevators and escalators, heating, ventilation and air-conditioning (HVAC) equipment, transportation systems including railway and traffic control solutions, and space and defense-related products.