Mitsubishi Estate (OTCMKTS:MITEY) Reaches New 1-Year Low – Here’s Why

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEYGet Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as $12.89 and last traded at $13.36, with a volume of 99253 shares. The stock had previously closed at $13.70.

Mitsubishi Estate Stock Performance

The company has a market cap of $16.71 billion, a PE ratio of 14.37 and a beta of 0.47. The company has a 50 day simple moving average of $13.99 and a two-hundred day simple moving average of $15.35.

Mitsubishi Estate Company Profile

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Mitsubishi Estate Co, Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports.

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