Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF - Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as $24.00 and last traded at $23.50, with a volume of 14461 shares. The stock had previously closed at $22.33.
Wall Street Analyst Weigh In
MHVYF has been the subject of several research analyst reports. The Goldman Sachs Group raised Mitsubishi Heavy Industries from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, March 5th. UBS Group cut shares of Mitsubishi Heavy Industries from a "strong-buy" rating to a "neutral" rating in a research report on Wednesday, May 21st.
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Mitsubishi Heavy Industries Stock Up 4.0%
The firm's fifty day moving average price is $18.88 and its 200-day moving average price is $16.34. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.20 and a quick ratio of 0.85. The company has a market capitalization of $79.28 billion, a price-to-earnings ratio of 48.96 and a beta of 0.49.
Mitsubishi Heavy Industries (OTCMKTS:MHVYF - Get Free Report) last issued its earnings results on Friday, May 9th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.07). Mitsubishi Heavy Industries had a return on equity of 10.66% and a net margin of 5.17%. The firm had revenue of $9.86 billion during the quarter, compared to analyst estimates of $10.42 billion.
Mitsubishi Heavy Industries Company Profile
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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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