Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $24.00 and last traded at $23.50, with a volume of 14461 shares traded. The stock had previously closed at $22.33.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on MHVYF shares. UBS Group downgraded shares of Mitsubishi Heavy Industries to a "neutral" rating in a report on Wednesday, May 21st. The Goldman Sachs Group raised shares of Mitsubishi Heavy Industries from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 5th.
View Our Latest Report on MHVYF
Mitsubishi Heavy Industries Price Performance
The business's 50 day moving average is $18.57 and its two-hundred day moving average is $16.12. The firm has a market capitalization of $79.28 billion, a PE ratio of 48.96 and a beta of 0.49. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.20 and a quick ratio of 0.85.
Mitsubishi Heavy Industries (OTCMKTS:MHVYF - Get Free Report) last announced its earnings results on Friday, May 9th. The company reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.07). The company had revenue of $9.86 billion during the quarter, compared to analysts' expectations of $10.42 billion. Mitsubishi Heavy Industries had a net margin of 5.17% and a return on equity of 10.66%.
Mitsubishi Heavy Industries Company Profile
(
Get Free Report)
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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