Mitsui & Co. (OTCMKTS:MITSY) Shares Gap Up – Here’s What Happened

Mitsui & Co. (OTCMKTS:MITSY) gapped up prior to trading on Tuesday. The stock had previously closed at $600.0301, but opened at $649.56. Mitsui & Co. shares last traded at $624.68, with a volume of 303 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Mitsui & Co. from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 27th. One analyst has rated the stock with a Strong Buy rating. According to MarketBeat, the stock has an average rating of “Strong Buy”.

Mitsui & Co. Trading Up 1.7%

The stock has a market cap of $89.23 billion, a price-to-earnings ratio of 14.22, a P/E/G ratio of 0.92 and a beta of 0.50. The business has a 50-day simple moving average of $638.34 and a two-hundred day simple moving average of $667.71. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.22 and a current ratio of 1.45.

Mitsui & Co. Company Profile

Mitsui & Co is a Japan-based general trading and investment company with roots in Mitsui Bussan, established in 1876. The present company was established in 1947 and operates across a broad range of industries.

The company trades, develops and invests in businesses involving mineral and metal resources, energy, machinery and infrastructure, chemicals, mobility, food and consumer goods. Its activities also include services and projects related to logistics, information technology and healthcare.

Mitsui & Co serves customers and business partners in Japan and around the world through an international network of offices and subsidiaries.