Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $17.00 and last traded at $16.76, with a volume of 37969 shares trading hands. The stock had previously closed at $15.46.
Analyst Ratings Changes
Separately, The Goldman Sachs Group upgraded Mitsubishi Heavy Industries from a "hold" rating to a "strong-buy" rating in a research note on Wednesday.
Read Our Latest Report on Mitsubishi Heavy Industries
Mitsubishi Heavy Industries Stock Up 1.5 %
The company has a quick ratio of 0.85, a current ratio of 1.20 and a debt-to-equity ratio of 0.33. The firm has a 50 day simple moving average of $14.25 and a 200-day simple moving average of $14.26. The stock has a market cap of $57.35 billion, a P/E ratio of 32.41 and a beta of 0.76.
Mitsubishi Heavy Industries (OTCMKTS:MHVYF - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.13 earnings per share (EPS) for the quarter. Mitsubishi Heavy Industries had a return on equity of 10.66% and a net margin of 5.17%.
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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