Mitsubishi Electric (OTCMKTS:MIELF) Sets New 12-Month High at $18.63

Mitsubishi Electric Co. (OTCMKTS:MIELF)’s share price hit a new 52-week high on Monday . The company traded as high as $18.63 and last traded at $18.63, with a volume of 147 shares. The stock had previously closed at $18.39.

Mitsubishi Electric Stock Performance

The firm has a fifty day moving average of $16.15 and a 200-day moving average of $14.70. The stock has a market capitalization of $40.00 billion, a price-to-earnings ratio of 19.82 and a beta of 0.65.

Mitsubishi Electric (OTCMKTS:MIELF) last released its quarterly earnings results on Monday, February 5th. The company reported $0.21 EPS for the quarter. The company had revenue of $8.42 billion for the quarter.

About Mitsubishi Electric

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through five segments: Infrastructure, Industry Mobility, Life, Business Platform, and Other Businesses. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, large display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.