The Goldman Sachs Group upgraded shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF - Free Report) from a hold rating to a strong-buy rating in a research report sent to investors on Wednesday,Zacks.com reports.
Mitsubishi Heavy Industries Trading Up 1.5 %
MHVYF stock traded up $0.25 during mid-day trading on Wednesday, reaching $17.00. The company's stock had a trading volume of 26,086 shares, compared to its average volume of 10,819. The company has a market cap of $57.35 billion, a price-to-earnings ratio of 32.41 and a beta of 0.76. The business's 50 day moving average price is $14.25 and its 200 day moving average price is $14.26. The company has a current ratio of 1.20, a quick ratio of 0.85 and a debt-to-equity ratio of 0.33. Mitsubishi Heavy Industries has a 12 month low of $7.99 and a 12 month high of $17.02.
Mitsubishi Heavy Industries (OTCMKTS:MHVYF - Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported $0.13 earnings per share for the quarter. Mitsubishi Heavy Industries had a return on equity of 10.66% and a net margin of 5.17%.
About Mitsubishi Heavy Industries
(
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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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