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

Shares of Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF) gapped down before the market opened on Tuesday . The stock had previously closed at $25.3755, but opened at $24.4375. Mitsubishi Heavy Industries shares last traded at $24.4375, with a volume of 678 shares.

Mitsubishi Heavy Industries Stock Down 3.4%

The stock has a market cap of $82.44 billion, a P/E ratio of 48.88 and a beta of 0.53. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.97 and a current ratio of 1.27. The firm’s 50-day moving average is $27.05 and its two-hundred day moving average is $25.86.

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 analysts’ consensus estimates of $0.14 by ($0.05). The firm had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $1,282.47 billion. Mitsubishi Heavy Industries had a return on equity of 10.04% and a net margin of 4.63%.

Mitsubishi Heavy Industries Company Profile

Mitsubishi Heavy Industries is a diversified Japanese industrial conglomerate engaged in the design, manufacture and servicing of large-scale capital equipment and systems. The company’s activities span shipbuilding and marine propulsion; power and energy systems including gas turbines, boilers and related power-plant equipment; and industrial machinery for sectors ranging from chemicals and manufacturing to environmental control. MHI also supplies heating, ventilation and air-conditioning systems and other building-related equipment for commercial and industrial customers.

In addition to its heavy engineering businesses, Mitsubishi Heavy Industries is a major participant in aerospace, space and defense markets.