Mitsubishi Heavy Industries (OTCMKTS:MHVYF) Upgraded by Citigroup to “Buy”

Citigroup upgraded shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF – Get Rating) from a neutral rating to a buy rating in a research note published on Sunday morning, The Fly reports.

Mitsubishi Heavy Industries Price Performance

Mitsubishi Heavy Industries stock traded up $0.28 during trading on Friday, hitting $47.00. 1,700 shares of the company were exchanged, compared to its average volume of 1,488. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 0.47. The business’s 50 day moving average is $40.13 and its 200 day moving average is $38.58. Mitsubishi Heavy Industries has a 52 week low of $32.80 and a 52 week high of $47.00.

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Mitsubishi Heavy Industries Company Profile

(Get Rating)

Mitsubishi Heavy Industries, Ltd. engages in the manufacture and sale of ships, industrial machinery, and aircraft. It operates through the following segments: Energy, Plants and Infrastructure Systems, Logistics, Thermal and Drive Systems, and Aircraft, Defense and Space. The Energy segment handles clean gas and steam power systems, nuclear power systems, compressors, and marine machinery.

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