Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF - Get Free Report) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 7,416,300 shares, a growth of 765.0% from the March 15th total of 857,400 shares. Based on an average daily volume of 21,700 shares, the short-interest ratio is currently 341.8 days.
Mitsubishi Heavy Industries Stock Down 3.1 %
Shares of MHVYF traded down $0.28 during trading hours on Wednesday, reaching $8.70. The company's stock had a trading volume of 8,051 shares, compared to its average volume of 9,797. The firm has a market cap of $29.35 billion, a price-to-earnings ratio of 20.14 and a beta of 0.69. Mitsubishi Heavy Industries has a 1-year low of $3.71 and a 1-year high of $9.85. The company has a quick ratio of 0.80, a current ratio of 1.15 and a debt-to-equity ratio of 0.39. The company has a 50 day moving average of $8.07 and a two-hundred day moving average of $6.50.
Mitsubishi Heavy Industries (OTCMKTS:MHVYF - Get Free Report) last issued its earnings results on Tuesday, February 6th. The company reported $0.09 earnings per share for the quarter. The company had revenue of $8.07 billion for the quarter. Mitsubishi Heavy Industries had a return on equity of 10.42% and a net margin of 4.49%. As a group, research analysts predict that Mitsubishi Heavy Industries will post 0.45 EPS for the current fiscal year.
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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