Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF - Get Free Report) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 7,730,000 shares, a decrease of 38.8% from the September 30th total of 12,623,500 shares. Based on an average daily volume of 14,800 shares, the short-interest ratio is presently 522.3 days.
Mitsubishi Heavy Industries Trading Down 2.2 %
Shares of MHVYF traded down $0.30 during mid-day trading on Friday, reaching $13.80. 7,210 shares of the company's stock traded hands, compared to its average volume of 37,842. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.18 and a quick ratio of 0.83. The stock's 50-day moving average is $13.73 and its two-hundred day moving average is $11.40. Mitsubishi Heavy Industries has a 12 month low of $5.12 and a 12 month high of $16.09. The stock has a market cap of $46.56 billion, a P/E ratio of 32.09 and a beta of 0.78.
Mitsubishi Heavy Industries (OTCMKTS:MHVYF - Get Free Report) last released its earnings results on Tuesday, August 6th. The company reported $0.12 earnings per share for the quarter. Mitsubishi Heavy Industries had a return on equity of 10.48% and a net margin of 4.81%. The business had revenue of $7.13 billion for the quarter. Research analysts forecast that Mitsubishi Heavy Industries will post 0.59 earnings per share for the current fiscal year.
Mitsubishi Heavy Industries Company Profile
(
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.
Read More
Before you consider Mitsubishi Heavy Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mitsubishi Heavy Industries wasn't on the list.
While Mitsubishi Heavy Industries currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.