Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF - Get Free Report) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 8,664,800 shares, a growth of 24.4% from the February 13th total of 6,965,100 shares. Approximately 0.3% of the company's stock are sold short. Based on an average trading volume of 15,600 shares, the short-interest ratio is currently 555.4 days.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group upgraded shares of Mitsubishi Heavy Industries from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 5th.
Check Out Our Latest Research Report on Mitsubishi Heavy Industries
Mitsubishi Heavy Industries Price Performance
MHVYF traded up $2.25 during midday trading on Monday, reaching $19.70. 24,560 shares of the company's stock were exchanged, compared to its average volume of 11,214. The stock has a market capitalization of $66.46 billion, a PE ratio of 36.83 and a beta of 0.76. Mitsubishi Heavy Industries has a 1-year low of $7.99 and a 1-year high of $20.00. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.20 and a quick ratio of 0.85. The business's 50-day moving average price is $14.58 and its 200 day moving average price is $14.44.
Mitsubishi Heavy Industries (OTCMKTS:MHVYF - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.13 EPS for the quarter. Mitsubishi Heavy Industries had a net margin of 5.17% and a return on equity of 10.66%.
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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