Mitsubishi Electric (OTCMKTS:MIELF – Get Free Report) is expected to issue its resultson Friday, July 31st. Analysts expect the company to announce earnings of $0.3111 per share and revenue of $8.5434 billion for the quarter.
Mitsubishi Electric Price Performance
OTCMKTS:MIELF opened at $31.03 on Wednesday. Mitsubishi Electric has a 1-year low of $21.84 and a 1-year high of $44.01. The company has a 50-day moving average of $36.80 and a 200 day moving average of $36.21. The firm has a market cap of $66.62 billion, a PE ratio of 33.01 and a beta of 0.63.
About Mitsubishi Electric
Mitsubishi Electric Corporation (trading OTC as MIELF) is a diversified Japanese multinational manufacturer of electrical and electronic equipment. Established in 1921 as part of the broader Mitsubishi group, the company is headquartered in Tokyo and has grown into a global supplier of products and systems for industrial, commercial, infrastructure and consumer markets.
The company’s operations span a wide range of businesses including power and energy systems, factory automation and industrial machinery, building systems such as elevators and escalators, heating, ventilation and air-conditioning (HVAC) equipment, transportation systems including railway and traffic control solutions, and space and defense-related products.
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