Shares of Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $25.10 and last traded at $23.50, with a volume of 44787 shares trading hands. The stock had previously closed at $23.86.
Wall Street Analysts Forecast Growth
MHVYF has been the subject of several recent research reports. The Goldman Sachs Group upgraded shares of Mitsubishi Heavy Industries from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, March 5th. UBS Group lowered shares of Mitsubishi Heavy Industries from a "strong-buy" rating to a "neutral" rating in a research report on Wednesday, May 21st.
Check Out Our Latest Stock Report on MHVYF
Mitsubishi Heavy Industries Stock Up 3.3%
The firm's 50-day moving average price is $20.32 and its 200 day moving average price is $16.92. The firm has a market cap of $83.36 billion, a P/E ratio of 51.48 and a beta of 0.52. The company has a quick ratio of 0.85, a current ratio of 1.20 and a debt-to-equity ratio of 0.33.
Mitsubishi Heavy Industries (OTCMKTS:MHVYF - Get Free Report) last released its quarterly earnings results on Friday, May 9th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.07). The firm had revenue of $9.86 billion for the quarter, compared to the consensus estimate of $10.42 billion. Mitsubishi Heavy Industries had a return on equity of 10.66% and a net margin of 5.17%.
About Mitsubishi Heavy Industries
(
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Mitsubishi Heavy Industries, Ltd. manufactures and sells heavy machinery worldwide. It operates through Energy Systems; Plants & Infrastructure Systems; Logistics, Thermal & Drive Systems; and Aircraft, Defense & Space segments. The company offers thermal, renewable energy, nuclear power generation, and engine power plants; oil and gas production plants; lithium-ion battery products and fuel cells; civil aircrafts and engines, aviation equipment, and maintenance, repair, and overhaul of aircrafts; and launch vehicles and services, rocket engines, reaction control systems, space stations, rocket launchers, rocket engine combustion test facilities, and electronic parts.
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