Mitsubishi Heavy Industries (OTCMKTS:MHVYF) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) from a hold rating to a strong-buy rating in a research report released on Wednesday,Zacks.com reports.

Mitsubishi Heavy Industries Trading Up 1.5 %

Shares of Mitsubishi Heavy Industries stock opened at $17.00 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.20 and a quick ratio of 0.85. Mitsubishi Heavy Industries has a 1 year low of $7.99 and a 1 year high of $17.02. The business has a 50 day moving average price of $14.19 and a 200 day moving average price of $14.23. The company has a market capitalization of $57.35 billion, a P/E ratio of 32.41 and a beta of 0.76.

Mitsubishi Heavy Industries (OTCMKTS:MHVYF) last announced its earnings results on Tuesday, February 4th. The company reported $0.13 earnings per share (EPS) for the quarter. Mitsubishi Heavy Industries had a net margin of 5.17% and a return on equity of 10.66%.

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.