Mitsubishi Heavy Industries (OTCMKTS:MHVYF) Shares Down 0.4% – Here’s Why

Shares of Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF) were down 0.4% during trading on Monday . The company traded as low as $13.34 and last traded at $13.44. Approximately 3,463 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 7,589 shares. The stock had previously closed at $13.50.

Mitsubishi Heavy Industries Price Performance

The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.85 and a current ratio of 1.20. The stock has a market cap of $44.68 billion, a price-to-earnings ratio of 31.11 and a beta of 0.80. The business’s fifty day simple moving average is $14.58 and its 200 day simple moving average is $13.71.

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.