Zacks Investment Research cut shares of Mitsubishi Estate Co Ltd (OTCMKTS:MITEY) from a hold rating to a sell rating in a report published on Friday morning.

Shares of Mitsubishi Estate Co (OTCMKTS:MITEY) traded down 0.120% during trading on Friday, hitting $19.152. 20,874 shares of the stock were exchanged. The stock has a market cap of $26.58 billion and a P/E ratio of 32.242. Mitsubishi Estate Co has a 52 week low of $17.10 and a 52 week high of $21.03. The firm’s 50 day moving average price is $19.50 and its 200-day moving average price is $19.50.

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About Mitsubishi Estate Co

Mitsubishi Estate Co, Ltd. is engaged in the development of real estate, including office buildings, residential properties and commercial properties. The Building Business segment is engaged in the development, leasing and property management of office buildings. Its Lifestyle Property segment operates the PREMIUM OUTLETS, MARK IS and other retail facilities.

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