Mitsubishi Electric traded at 5,456.00 this Thursday March 26th, decreasing 83.00 or 1.50 percent since the previous trading session. Looking back, over the last four weeks, Mitsubishi Electric lost 8.93 percent. Over the last 12 months, its price rose by 85.77 percent. Looking ahead, we forecast Mitsubishi Electric to be priced at 5,217.03 by the end of this quarter and at 4,561.10 in one year, according to Trading Economics global macro models projections and analysts expectations.
Mitsubishi Electric Corporation is a Japan-based company engaged in the comprehensive electric business. The Company operates in six business segments. Heavy Electrical Systems segment provides turbine generators, large video display devices, as well as elevators. Industrial Mechatronics segment conducts factory automation (FA) system business and automotive equipment business. The segment provides programmable controllers, numerical control devices, as well as car multimedia equipment. Information & Communication System segment provides wireless communication equipment, artificial satellites and network security systems. Electronic Device segment conducts semiconductor and device business and provides power modules, optical elements and liquid crystal display (LCD) devices. Home Appliances segment provides LCD TVs, room air conditioners, as well as refrigerators. Others segment provides services in material procurement, logistics, real estate, advertising and finance areas.