Mitsubishi Heavy Industries (OTCMKTS:MHVYF) Trading Down 7.3%

Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF)’s stock price traded down 7.3% during trading on Friday . The company traded as low as $11.51 and last traded at $11.51. 37,402 shares changed hands during mid-day trading, a decline of 15% from the average session volume of 43,999 shares. The stock had previously closed at $12.42.

Mitsubishi Heavy Industries Stock Performance

The company has a quick ratio of 0.83, a current ratio of 1.16 and a debt-to-equity ratio of 0.32. The stock has a market cap of $38.83 billion, a P/E ratio of 26.77 and a beta of 0.77. The firm’s 50-day moving average is $12.20 and its two-hundred day moving average is $10.02.

Mitsubishi Heavy Industries (OTCMKTS:MHVYF) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.12 EPS for the quarter. Mitsubishi Heavy Industries had a net margin of 4.81% and a return on equity of 10.66%. The company had revenue of $7.13 billion for the quarter. As a group, research analysts expect that Mitsubishi Heavy Industries, Ltd. will post 0.58 EPS for the current year.

About Mitsubishi Heavy Industries

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.