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Mitsubishi Heavy Industries (OTCMKTS:MHVYF) Hits New 52-Week High - Here's Why

Mitsubishi Heavy Industries logo with Industrial Products background

Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $16.09 and last traded at $15.00, with a volume of 5776 shares trading hands. The stock had previously closed at $15.57.

Mitsubishi Heavy Industries Stock Down 3.7 %

The stock has a market cap of $50.60 billion, a PE ratio of 36.21 and a beta of 0.78. The firm has a fifty day moving average of $12.81 and a 200 day moving average of $10.81. The company has a quick ratio of 0.83, a current ratio of 1.18 and a debt-to-equity ratio of 0.32.

Mitsubishi Heavy Industries (OTCMKTS:MHVYF - Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.12 earnings per share (EPS) for the quarter. Mitsubishi Heavy Industries had a return on equity of 10.48% and a net margin of 4.81%. The firm had revenue of $7.13 billion for the quarter. On average, equities research analysts anticipate that Mitsubishi Heavy Industries, Ltd. will post 0.58 EPS for the current fiscal year.

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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