Mitsui & Co., Ltd.·Industrials

Mitsui and Co. (OTCMKTS:MITSY - Get Free Report) crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $615.53 and traded as high as $805.50. Mitsui and Co. shares last traded at $802.13, with a volume of 11,018 shares. Mitsui and Co. Stock Performance The stock's

Mitsui & Co. (MITSY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Japan's Mitsui & Co is close to buying a stake in the second phase of QatarEnergy's massive North Field project as it seeks to secure stable liquefied natural gas (LNG) supply, five sources close to the matter told Reuters.

Shares of Mitsui and Co. (OTCMKTS:MITSY - Get Free Report) gapped down prior to trading on Friday. The stock had previously closed at $650.63, but opened at $627.88. Mitsui and Co. shares last traded at $642.06, with a volume of 868 shares traded. Analysts Set New Price Targets Separately, Zacks Research lowered shares of

Mitsui and Co. (OTCMKTS:MITSY - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $504.86 and traded as high as $650.00. Mitsui and Co. shares last traded at $637.67, with a volume of 6,076 shares trading hands. Analyst Ratings Changes
Mitsui & Co., Ltd. operates as a general trading company worldwide. The company engages in the manufacture, export, and import of iron and steel products; automotive components; operation of steel processing service centers; trading of automotive, electrical, special, and stainless steel; manufacture, repair, and fabrication of wind turbine towers and flanges; gas distribution businesses; and coal mining, power generation, ferrous alloy, infrastructure maintenance, and water pumping activities. It also explores, develops, and produces oil, natural gas, and LNG; trades in petroleum products, crude oil, coal, uranium, and LNG; offers FPSO/FSO, fright car, truck, and locomotive leasing services; sells electric power facilities; and develops railway and transportation infrastructures. The company engages in logistics businesses; wholesale, retail, rental, and finance of construction and mining equipment; multimodal transportation, warehousing, and rolling stock leasing; sale, purchase, and leasing of aircraft and aero engines; leasing and financing activities; and development, process, and marketing of underground resources, and recycling of surface resources. It also provides electric-arc-furnace, construction materials processing, construction flat-rolled steel, shapes, bars, wire rods, and steel structure materials; methanol, ammonia, chlor-alkali, industrial, gas, and basic chemicals; salt; performance, advanced, specialty, and living, and environmental materials; agrochemicals and fertilizers, and animal and human nutrition products; refined sugar, oils and fats, proteins, grains, and food and beverage products; contract food services; and healthcare products. The company offers mobile communications; commodity derivative trading; venture investment and asset management services; real estate development, management, leasing, and brokerage services; and ship charter operation services. Mitsui & Co., Ltd. was incorporated in 1947 and is headquartered in Tokyo, Japan.
Industrials
Conglomerates
53,602
1980-03-17
0.48