Mitsubishi Heavy Industries (OTCMKTS:MHVYF) Shares Gap Up – Here’s Why

Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $26.50, but opened at $27.1750. Mitsubishi Heavy Industries shares last traded at $26.6750, with a volume of 1,463 shares.

Mitsubishi Heavy Industries Stock Up 0.7%

The stock’s fifty day moving average is $27.48 and its two-hundred day moving average is $25.61. The stock has a market capitalization of $89.99 billion, a P/E ratio of 53.35 and a beta of 0.53. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.27 and a quick ratio of 0.97.

Mitsubishi Heavy Industries (OTCMKTS:MHVYF) last posted its quarterly earnings data on Friday, November 7th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.05). The firm had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $1,282.47 billion. Mitsubishi Heavy Industries had a net margin of 4.63% and a return on equity of 10.04%.

Mitsubishi Heavy Industries Company Profile

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.