Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY - Get Free Report) was the target of a large drop in short interest in May. As of May 15th, there was short interest totalling 19,300 shares, a drop of 59.0% from the April 30th total of 47,100 shares. Based on an average daily volume of 44,500 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the stock are short sold.
Kawasaki Heavy Industries Price Performance
KWHIY stock traded up $0.87 during trading on Friday, reaching $28.18. 33,891 shares of the company were exchanged, compared to its average volume of 36,800. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.60 and a current ratio of 1.08. The stock's 50 day moving average price is $23.31 and its 200 day moving average price is $20.52. Kawasaki Heavy Industries has a 52-week low of $10.30 and a 52-week high of $28.74. The company has a market cap of $11.80 billion, a P/E ratio of 21.35 and a beta of 0.75.
Kawasaki Heavy Industries (OTCMKTS:KWHIY - Get Free Report) last issued its earnings results on Friday, May 9th. The industrial products company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.06. Kawasaki Heavy Industries had a net margin of 4.09% and a return on equity of 12.40%. The company had revenue of $4.98 billion for the quarter, compared to analyst estimates of $5.09 billion.
Kawasaki Heavy Industries Company Profile
(
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Kawasaki Heavy Industries, Ltd. engages in aerospace systems, energy solution and marine engineering, precision machinery and robot, rolling stock, and motorcycle and engine businesses in Japan and internationally. It manufactures aircraft for the Japan ministry of defense; helicopters; and helicopter and jet engines for commercial aircrafts.
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