Mitsubishi Estate (OTCMKTS:MITEY) Shares Up 0.4% – What’s Next?

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY)’s stock price rose 0.4% during trading on Friday . The company traded as high as $14.78 and last traded at $14.26. Approximately 51,028 shares were traded during mid-day trading, a decline of 3% from the average daily volume of 52,376 shares. The stock had previously closed at $14.21.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded Mitsubishi Estate to a “strong-buy” rating in a research report on Friday, August 16th.

Mitsubishi Estate Trading Up 0.4 %

The stock has a market cap of $18.13 billion, a P/E ratio of 15.33 and a beta of 0.47. The company has a 50-day moving average price of $14.80 and a two-hundred day moving average price of $15.73.

Mitsubishi Estate Company Profile

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.