Mitsubishi Heavy Industries (OTCMKTS:MHVYF) Shares Gap Down – Should You Sell?

Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $25.75, but opened at $24.90. Mitsubishi Heavy Industries shares last traded at $24.4250, with a volume of 1,925 shares changing hands.

Mitsubishi Heavy Industries Stock Down 0.2%

The company has a quick ratio of 0.97, a current ratio of 1.27 and a debt-to-equity ratio of 0.27. The firm has a market cap of $84.17 billion, a PE ratio of 49.90 and a beta of 0.53. The firm’s 50 day moving average is $27.44 and its 200-day moving average is $25.76.

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

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.