Mitsubishi Heavy Industries (OTCMKTS:MHVYF) Reaches New 1-Year High - What's Next?

Key Points

• Mitsubishi Heavy Industries achieved a new 52-week high stock price of $29.00, closing at $27.69 after trading 4,619 shares on Monday.
• The company's quarterly earnings report indicated earnings per share of $0.14, exceeding analyst expectations of $0.12, with revenues of $8.28 billion against an estimated $8.22 billion.
• Mitsubishi Heavy Industries has a market capitalization of $93.28 billion and maintains a debt-to-equity ratio of 0.31, reflecting solid financial stability.

Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $29.00 and last traded at $27.69, with a volume of 4619 shares. The stock had previously closed at $25.25.

Mitsubishi Heavy Industries Stock Performance

The company has a debt-to-equity ratio of 0.31, a current ratio of 1.22 and a quick ratio of 0.88. The company has a market capitalization of $93.28 billion, a PE ratio of 55.30 and a beta of 0.52. The firm's fifty day simple moving average is $25.58 and its 200 day simple moving average is $22.58.

Mitsubishi Heavy Industries (OTCMKTS:MHVYF - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. The business had revenue of $8.28 billion during the quarter, compared to the consensus estimate of $8.22 billion. Mitsubishi Heavy Industries had a net margin of 4.92% and a return on equity of 10.23%.

Mitsubishi Heavy Industries Company Profile

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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