Mitsubishi Estate (OTCMKTS:MITEY) Hits New 52-Week Low – Time to Sell?

Mitsubishi Estate Co., Ltd. (OTCMKTS:MITEY) hit a new 52-week low on Tuesday . The stock traded as low as $12.78 and last traded at $13.32, with a volume of 158375 shares. The stock had previously closed at $13.30.

Mitsubishi Estate Stock Performance

The business has a 50-day simple moving average of $13.83 and a 200-day simple moving average of $15.27. The company has a market cap of $17.01 billion, a price-to-earnings ratio of 19.00 and a beta of 0.47.

Mitsubishi Estate Company Profile

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.