During December, the number of short positions held by Mitsui & Co., Ltd. decreased by a sizeable amount (OTCMKTS: MITSY). As a result, there were 2,100 shares available for a short sale as of November 30th. Still, as of December 15th, there were only 400 shares available for a short sale, representing an 81.0% decrease from the total number of shares available for a short sale as of November 30th. Therefore, it is possible to calculate the current short-interest ratio, which stands at 0.1 days, using an average daily trading volume of 3,200 shares.
On November 1st, a Tuesday, Mitsui & Co., Ltd. (OTCMKTS: MITSY) released its most recent quarterly earnings report. The report was for the period ending September 30th. The industrial goods manufacturer reported a profit of $24.22 per share for the period ending on the quarter’s last day (EPS). The company reported a total revenue of $26.82 billion during the time frame under consideration. MISSY) was first made available to the public on November 1st, which was a Tuesday. The industrial goods manufacturer reported a profit of $24.22 per share for the period ending on the quarter’s last day (EPS). The company reported a total revenue of $26.82 billion in the time frame under consideration. Mitsui & Co., Ltd. had a return on equity of 17.94% and a net margin of 7.65%. The company’s overall profitability was 7.65%. During the current fiscal year, Mitsui & Co., Ltd. is expected to generate earnings of 94.58 cents per share, as stated by projections made by financial analysts.
General trading is the focus of Mitsui & Co., Ltd., a worldwide multinational corporation. In addition to operating steel processing service centers, trading automotive, electrical, special, and stainless steel, manufacturing, repairing and fabricating wind turbine towers and flanges, and operating businesses that distribute gas, the company is also involved in coal mining, the generation of power, the production of ferrous alloys, the maintenance of infrastructure, and the pumping of water. In addition, the company also engages in the production of wind turbine towers and flanges. In addition to producing components for automobiles, the company also makes products out of iron and steel; both types of products and components for automobiles are sold domestically and internationally.
The OTCMKTS MITSY ended Wednesday with a loss of $9.53, bringing the closing price to $577.47. Only 1,490 shares were traded for the company, significantly less than the average volume of 3,822 shares that are traded for the company. The current ratio to the quick ratio is 1.33; the current ratio to the quick ratio is 1.11; and the debt to equity ratio is 0.63%. The stock has a price-to-earnings ratio of 5.47, a price-to-earnings-growth ratio of 5.43, and a beta value of 0.78. All of these metrics indicate that the stock is fairly valued. The company currently has a market capitalization of $45.76 billion. The company’s moving averages for the past 50 days come in at $539.95, while their moving averages for the past 200 days come in at $478.69. During the previous year, the price of Mitsui & Co., Ltd. fluctuated between $368.00 and $614.49. During the past year, the price fell to an all-time low.