Mitsubishi Electric (OTCMKTS:MIELY) Trading 0.7% Higher – Time to Buy?

Mitsubishi Electric Co. (OTCMKTS:MIELYGet Free Report)’s share price was up 0.7% on Thursday . The stock traded as high as $33.93 and last traded at $32.79. Approximately 95,267 shares were traded during trading, an increase of 35% from the average daily volume of 70,318 shares. The stock had previously closed at $32.55.

Mitsubishi Electric Stock Down 0.8 %

The business has a fifty day moving average of $31.83 and a 200-day moving average of $33.06.

Mitsubishi Electric Company Profile

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Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.

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