Mitsubishi Electric (OTCMKTS:MIELY) Stock Price Up 0.7% – What’s Next?

by · The Markets Daily

Shares of Mitsubishi Electric Co. (OTCMKTS:MIELY – Get Free Report) were up 0.7% during trading on Thursday . The company traded as high as $33.93 and last traded at $32.79. Approximately 95,267 shares were traded during mid-day trading, an increase of 35% from the average daily volume of 70,318 shares. The stock had previously closed at $32.55.

Mitsubishi Electric Trading Up 0.7 %

The company’s fifty day moving average is $31.69 and its two-hundred day moving average is $33.06.

About Mitsubishi Electric

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Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company operates through: Infrastructure, Industry Mobility, Life, Business Platform, Semiconductor and Device, and Others segments. It offers turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others.

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