Mitsubishi Estate (OTCMKTS:MITEY) Reaches New 1-Year Low – Time to Sell?

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEYGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $12.96 and last traded at $13.11, with a volume of 167458 shares trading hands. The stock had previously closed at $13.53.

Mitsubishi Estate Stock Performance

The company has a market cap of $17.20 billion, a price-to-earnings ratio of 14.78 and a beta of 0.47. The firm’s 50-day moving average price is $14.35 and its 200 day moving average price is $15.56.

Mitsubishi Estate Company Profile

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Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.

Further Reading

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