Shares of Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF - Get Free Report) fell 7.7% on Monday . The company traded as low as $23.00 and last traded at $23.00. 4,942 shares traded hands during trading, a decline of 94% from the average session volume of 79,699 shares. The stock had previously closed at $24.93.
Wall Street Analysts Forecast Growth
Separately, UBS Group lowered Mitsubishi Heavy Industries from a "strong-buy" rating to a "neutral" rating in a research report on Wednesday, May 21st.
Get Our Latest Report on Mitsubishi Heavy Industries
Mitsubishi Heavy Industries Trading Down 5.6%
The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.91 and a current ratio of 1.24. The company has a market cap of $79.38 billion, a P/E ratio of 49.02 and a beta of 0.55. The stock has a 50-day moving average of $22.43 and a two-hundred day moving average of $18.00.
Mitsubishi Heavy Industries (OTCMKTS:MHVYF - Get Free Report) last posted 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). Mitsubishi Heavy Industries had a net margin of 4.87% and a return on equity of 10.01%. The company had revenue of $9.86 billion for the quarter, compared to the consensus estimate 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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