Mitsubishi Chemical (OTCMKTS:MTLHY) Releases Earnings Results

Mitsubishi Chemical (OTCMKTS:MTLHY) released its quarterly earnings data on Thursday. The company reported $0.75 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $6.49 billion during the quarter.

Mitsubishi Chemical Stock Performance

OTCMKTS MTLHY remained flat at $30.45 during trading on Friday. The company’s stock had a trading volume of 142 shares, compared to its average volume of 418. Mitsubishi Chemical has a one year low of $26.51 and a one year high of $39.05. The business’s 50 day simple moving average is $36.15 and its two-hundred day simple moving average is $33.89. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.57 and a quick ratio of 1.03. The company has a market cap of $8.78 billion, a P/E ratio of 16.55 and a beta of 0.77.

About Mitsubishi Chemical

Mitsubishi Chemical Group Corp. is a Japan-based chemical and materials company whose businesses serve industrial, healthcare, electronics, automotive, packaging, and consumer markets. The group develops and manufactures performance products, specialty chemicals, polymers, films, composite materials, and other advanced materials designed to support applications ranging from mobility and electronics to food packaging and infrastructure.

Its portfolio includes high-performance resins and engineering plastics, carbon fiber and composite materials, industrial films, coatings, adhesives, synthetic fibers, and materials used in semiconductor and display manufacturing.