Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY) Sees Large Decrease in Short Interest

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHYGet Rating) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 2,200 shares, a decline of 12.0% from the August 15th total of 2,500 shares. Based on an average trading volume of 2,900 shares, the short-interest ratio is currently 0.8 days.

Mitsubishi Chemical Group Price Performance

Shares of MTLHY opened at $24.32 on Monday. The firm has a market cap of $7.33 billion, a PE ratio of 5.06 and a beta of 0.43. The company has a current ratio of 1.39, a quick ratio of 0.85 and a debt-to-equity ratio of 0.90. The firm has a fifty day simple moving average of $26.83 and a two-hundred day simple moving average of $29.29. Mitsubishi Chemical Group has a 1-year low of $24.32 and a 1-year high of $47.01.

Mitsubishi Chemical Group (OTCMKTS:MTLHYGet Rating) last issued its earnings results on Wednesday, August 3rd. The company reported $1.17 earnings per share for the quarter. The company had revenue of $8.54 billion during the quarter. Mitsubishi Chemical Group had a net margin of 4.14% and a return on equity of 9.51%.

Mitsubishi Chemical Group Company Profile

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Mitsubishi Chemical Group Corporation provides performance products, chemicals, industrial gases, health care products, and other products in Japan and internationally. The company's performance products include specialty chemicals, functional food materials, inorganic materials, electronic and electrical components and products, molding and processed products, film and sheet products, synthetic paper and fiber, carbon fiber, equipment, instruments and systems, materials and products for industrial use, construction materials, civil engineering materials, aqua-related materials and products, leisure, sports, and daily goods.

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