MITSUBISHI CHEM/ADR (OTCMKTS:MTLHY) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $32.70 and last traded at $32.98, with a volume of 351 shares changing hands. The stock had previously closed at $32.70.
Separately, Zacks Investment Research raised shares of MITSUBISHI CHEM/ADR from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a report on Saturday, January 26th.
The company has a current ratio of 0.97, a quick ratio of 0.68 and a debt-to-equity ratio of 0.46.
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Mitsubishi Chemical Holdings Corporation provides performance products, chemicals, industrial gases, and health care 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, carbon fiber, synthetic 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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