Mitsubishi Heavy Industries (OTCMKTS:MHVYF) Sees Strong Trading Volume – Still a Buy?
by Jessica Moore · The Cerbat GemMitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF – Get Free Report) saw unusually-high trading volume on Monday . Approximately 23,288 shares were traded during trading, an increase of 81% from the previous session’s volume of 12,851 shares.The stock last traded at $26.3735 and had previously closed at $24.75.
Mitsubishi Heavy Industries Stock Performance
The company has a debt-to-equity ratio of 0.27, a current ratio of 1.27 and a quick ratio of 0.97. The stock has a market capitalization of $90.68 billion, a PE ratio of 53.76 and a beta of 0.48. The firm has a fifty day moving average price of $26.68 and a two-hundred day moving average price of $25.85.
Mitsubishi Heavy Industries (OTCMKTS:MHVYF – Get Free Report) last announced its quarterly earnings data on Friday, November 7th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.05). Mitsubishi Heavy Industries had a net margin of 4.63% and a return on equity of 10.04%. The business had revenue of $6.22 billion during the quarter, compared to the consensus estimate of $1,282.47 billion.
Mitsubishi Heavy Industries Company Profile
Mitsubishi Heavy Industries is a diversified Japanese industrial conglomerate engaged in the design, manufacture and servicing of large-scale capital equipment and systems. The company’s activities span shipbuilding and marine propulsion; power and energy systems including gas turbines, boilers and related power-plant equipment; and industrial machinery for sectors ranging from chemicals and manufacturing to environmental control. MHI also supplies heating, ventilation and air-conditioning systems and other building-related equipment for commercial and industrial customers.
In addition to its heavy engineering businesses, Mitsubishi Heavy Industries is a major participant in aerospace, space and defense markets.