Mitsui & Co. (OTCMKTS:MITSY) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Mitsui & Co. (OTCMKTS:MITSY) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $643.32 and traded as high as $756.20. Mitsui & Co. shares last traded at $754.43, with a volume of 5,321 shares trading hands.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Mitsui & Co. from a “hold” rating to a “strong-buy” rating in a report on Monday, April 20th. Two equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, Mitsui & Co. presently has an average rating of “Strong Buy”.

Mitsui & Co. Price Performance

The firm has a market capitalization of $107.76 billion, a P/E ratio of 18.89, a price-to-earnings-growth ratio of 2.14 and a beta of 0.57. The firm has a 50 day moving average price of $759.22 and a 200-day moving average price of $643.32. The company has a current ratio of 1.46, a quick ratio of 1.22 and a debt-to-equity ratio of 0.58.

Mitsui & Co. (OTCMKTS:MITSY) last posted its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $8.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.57 by ($1.05). The company had revenue of $23.11 billion during the quarter, compared to the consensus estimate of $23.94 billion. Mitsui & Co. had a net margin of 6.13% and a return on equity of 10.55%. Mitsui & Co. has set its FY 2026 guidance at 1.860-1.860 EPS. On average, analysts expect that Mitsui & Co. will post 36.99 earnings per share for the current year.

Mitsui & Co. Company Profile

Mitsui & Co, Ltd. (OTCMKTS: MITSY) is a global sogo shosha, or general trading company, headquartered in Tokyo, Japan. Established in the aftermath of World War II, Mitsui & Co has grown into one of Japan’s largest trading houses, operating across a wide range of industries to connect producers, manufacturers and consumers around the world.

The company’s core activities include commodity trading, resource and energy development, project and infrastructure development, and strategic investing.