Mitsubishi Heavy Industries (OTCMKTS:MHVYF) Announces Quarterly Earnings Results

Mitsubishi Heavy Industries (OTCMKTS:MHVYF) announced its earnings results on Tuesday. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.09, Zacks reports. Mitsubishi Heavy Industries had a return on equity of 11.74% and a net margin of 5.89%.

Mitsubishi Heavy Industries Stock Performance

Shares of OTCMKTS MHVYF opened at $23.20 on Tuesday. Mitsubishi Heavy Industries has a 12-month low of $20.59 and a 12-month high of $34.50. The firm has a market capitalization of $78.27 billion, a price-to-earnings ratio of 35.69 and a beta of 0.50. The company has a current ratio of 1.28, a quick ratio of 1.03 and a debt-to-equity ratio of 0.19. The firm has a 50 day moving average of $23.47 and a 200 day moving average of $27.54.

Mitsubishi Heavy Industries Company Profile

Mitsubishi Heavy Industries is a diversified Japanese industrial conglomerate engaged in the design, manufacture and servicing of large-scale capital equipment and systems. The company’s activities span shipbuilding and marine propulsion; power and energy systems including gas turbines, boilers and related power-plant equipment; and industrial machinery for sectors ranging from chemicals and manufacturing to environmental control. MHI also supplies heating, ventilation and air-conditioning systems and other building-related equipment for commercial and industrial customers.

In addition to its heavy engineering businesses, Mitsubishi Heavy Industries is a major participant in aerospace, space and defense markets.