Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY – Get Rating) saw a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 45,800 shares, a drop of 61.6% from the March 31st total of 119,200 shares. Based on an average daily trading volume, of 256,900 shares, the days-to-cover ratio is presently 0.2 days.
Mitsubishi Estate Trading Up 0.1 %
Mitsubishi Estate stock opened at $12.08 on Thursday. The stock has a 50-day moving average of $12.04 and a two-hundred day moving average of $12.65. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.38 and a current ratio of 2.08. Mitsubishi Estate has a one year low of $11.52 and a one year high of $15.64. The stock has a market cap of $16.00 billion, a PE ratio of 11.83 and a beta of 0.43.
Mitsubishi Estate (OTCMKTS:MITEY – Get Rating) last released its quarterly earnings results on Thursday, February 9th. The company reported $0.18 EPS for the quarter. Mitsubishi Estate had a return on equity of 7.87% and a net margin of 12.92%. The company had revenue of $2.21 billion during the quarter. On average, research analysts anticipate that Mitsubishi Estate will post 0.88 EPS for the current fiscal year.
About Mitsubishi Estate
Mitsubishi Estate Co, Ltd. engages in the real estate business. It operates through the following segments: Commercial Property, Residential, International, Investment Management, Architectural Design and Engineering; and Real Estate Services, and Other. The Commercial Property segment includes office building, retail facility, outlet mall, logistics facility, hotel, and airport operations.
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