Mitsubishi Chemical Group (OTCMKTS:MTLHY) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $25.37 and traded as high as $26.85. Mitsubishi Chemical Group shares last traded at $25.36, with a volume of 806 shares.

Mitsubishi Chemical Group Stock Performance

The company has a market capitalization of $7.22 billion, a price-to-earnings ratio of 14.74 and a beta of 0.38. The company has a current ratio of 1.31, a quick ratio of 0.82 and a debt-to-equity ratio of 0.69. The stock’s fifty day simple moving average is $25.37 and its 200-day simple moving average is $27.77.

Mitsubishi Chemical Group (OTCMKTS:MTLHY) last released its earnings results on Thursday, February 6th. The company reported $0.43 earnings per share (EPS) for the quarter. Mitsubishi Chemical Group had a net margin of 1.66% and a return on equity of 3.18%.

About Mitsubishi Chemical Group

Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. It operates in five segments: Specialty Materials, Industrial Gases, Health Care, MMA, and Basic Materials. The Specialty Materials segment offers performance polymers, soarnol, gohsenol, sustainable polymers, and engineering plastics; coating materials, additives, and fines; packaging, industrial and medical, acetyl, and polyester films; engineering shapes and solutions, carbon fiber and composite materials, and fibers; aqua, life, and infrastructure solutions; and semiconductor, electronics, and battery materials.