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

Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF) shares gapped down prior to trading on Tuesday . The stock had previously closed at $27.1555, but opened at $25.0001. Mitsubishi Heavy Industries shares last traded at $26.50, with a volume of 750 shares trading hands.

Mitsubishi Heavy Industries Stock Performance

The firm has a market cap of $86.48 billion, a PE ratio of 51.27 and a beta of 0.50. The stock has a 50-day moving average price of $27.48 and a 200 day moving average price of $24.99. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.22 and a quick ratio of 0.88.

Mitsubishi Heavy Industries (OTCMKTS:MHVYF) last released its earnings results on Friday, November 7th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.05). The business had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $1,282.47 billion. Mitsubishi Heavy Industries had a return on equity of 10.23% and a net margin of 4.92%.

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.