Mitsubishi Chemical Group Co. Short Interest Drops in February

Mitsubishi Chemical Group Co. (OTCMKTS:MTLHY - Get Free Report) experienced a notable decrease in short interest during February. By February 15th, the company recorded a total short interest of 100 shares, which represents a significant drop of 50.0% from the 200 shares seen at the end of January. Given the average daily trading volume of 600 shares, the current days-to-cover ratio stands at 0.2 days.

Mitsubishi Chemical Group Price Performance

During midday trading on Friday, Mitsubishi Chemical Group (OTCMKTS:MTLHY) maintained a stable price of $26.60. The trading volume for the day was just 1 share, markedly lower than the average volume of 819 shares. The company's 50-day simple moving average is at $25.52, while the 200-day moving average is $27.72. Overall, Mitsubishi Chemical Group has a market capitalization of $7.57 billion, with a price-to-earnings (P/E) ratio of 15.47 and a beta of 0.38. Notably, the stock has fluctuated between a 52-week low of $23.77 and a high of $34.45. Financially, the company exhibits a quick ratio of 0.82, a current ratio of 1.31, and a debt-to-equity ratio of 0.69.

Mitsubishi Chemical Group released its quarterly earnings results on February 6th, reporting earnings per share (EPS) of $0.43 for the quarter. The return on equity for the company was found to be 3.18%, accompanied by a net margin of 1.66%.

Mitsubishi Chemical Group Company Profile

Mitsubishi Chemical Group Corporation specializes in a variety of sectors including performance products, chemicals, industrial gases, and healthcare products, serving both Japan and international markets. The company operates through five segments: Specialty Materials, Industrial Gases, Healthcare, MMA, and Basic Materials. The Specialty Materials segment includes performance polymers, sustainable polymers, coating materials, and a range of other innovative products for packaging and industrial needs.

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