Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF - Get Free Report)'s share price gapped up before the market opened on Monday . The stock had previously closed at $23.40, but opened at $24.28. Mitsubishi Heavy Industries shares last traded at $23.21, with a volume of 1,832 shares trading hands.
Wall Street Analyst Weigh In
MHVYF has been the subject of several research analyst reports. 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. The Goldman Sachs Group upgraded shares of Mitsubishi Heavy Industries from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 5th.
View Our Latest Stock Analysis on MHVYF
Mitsubishi Heavy Industries Trading Down 1.4%
The stock has a market capitalization of $79.28 billion, a P/E ratio of 48.96 and a beta of 0.52. The company has a current ratio of 1.24, a quick ratio of 0.91 and a debt-to-equity ratio of 0.34. The stock's fifty day moving average price is $21.36 and its two-hundred day moving average price is $17.36.
Mitsubishi Heavy Industries (OTCMKTS:MHVYF - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $9.86 billion during the quarter, compared to the consensus estimate of $10.42 billion. Mitsubishi Heavy Industries had a return on equity of 10.01% and a net margin of 4.87%.
About Mitsubishi Heavy Industries
(
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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