Mitsubishi (OTCMKTS:MSBHY) Share Price Passes Above 50-Day Moving Average – Here’s What Happened

Company Overview - Mitsubishi is a historic Japanese industrial group operating in various sectors including trading, natural resources and energy, industrial machinery, chemicals, automotive-related businesses, food and consumer goods, real estate, and financial services [2] Stock Performance - Mitsubishi's stock has a market capitalization of $29.89 billion and a price-to-earnings ratio of 8.65 [1] - The stock has a 50-day moving average of $40.23 and a 200-day moving average of $40.23 [1] - The last traded price of Mitsubishi shares was $40.23, with a trading volume of 8,200 shares [4] - During trading, the stock price reached a high of $40.25, surpassing its 50-day moving average [4] - The company has a quick ratio of 1.06, a current ratio of 1.33, and a debt-to-equity ratio of 0.72 [1]