Kawasaki Heavy Industries (OTCMKTS:KWHIY) Sees Strong Trading Volume - What's Next?

Key Points

• Kawasaki Heavy Industries saw a significant increase in trading volume, with approximately 38,408 shares changing hands, marking a 12% rise from the previous session.
• The company recently reported a loss in earnings per share at $0.07, missing analysts' estimates of $0.33, which impacted the stock negatively.
• CLSA has upgraded the stock's rating to a "hold", indicating a cautious outlook from analysts amidst its current trading performance.

Shares of Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 38,408 shares changed hands during mid-day trading, an increase of 12% from the previous session's volume of 34,424 shares.The stock last traded at $26.10 and had previously closed at $26.66.

Analysts Set New Price Targets

Separately, CLSA upgraded shares of Kawasaki Heavy Industries to a "hold" rating in a research note on Thursday, June 19th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold".

Kawasaki Heavy Industries Trading Down 2.0%

The company has a market cap of $10.95 billion, a P/E ratio of 21.60 and a beta of 0.88. The stock's 50-day moving average is $26.94 and its two-hundred day moving average is $26.11. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.14 and a quick ratio of 0.67.

Kawasaki Heavy Industries (OTCMKTS:KWHIY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The industrial products company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.33 by ($0.26). The company had revenue of $3.31 billion for the quarter, compared to the consensus estimate of $460 billion. Kawasaki Heavy Industries had a net margin of 3.49% and a return on equity of 10.50%.

Kawasaki Heavy Industries Company Profile

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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