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Kawasaki Heavy Industries (OTCMKTS:KWHIY) Shares Gap Down - Should You Sell?

Kawasaki Heavy Industries logo with Industrials background

Key Points

  • Kawasaki Heavy Industries shares gapped down from $28.60 at the close to open at $27.23, with a trading volume of 311 shares.
  • Analysts at CLSA upgraded Kawasaki Heavy Industries to a "hold" rating, signaling a shift in market outlook.
  • In the last earnings report, Kawasaki Heavy Industries surpassed earnings estimates with $0.69 EPS, but revenue fell short of expectations at $4.98 billion compared to the forecast of $5.09 billion.
  • Want stock alerts on Kawasaki Heavy Industries? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY - Get Free Report)'s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $28.60, but opened at $27.23. Kawasaki Heavy Industries shares last traded at $27.23, with a volume of 311 shares trading hands.

Wall Street Analyst Weigh In

Separately, CLSA upgraded Kawasaki Heavy Industries to a "hold" rating in a research report on Thursday, June 19th.

Get Our Latest Research Report on KWHIY

Kawasaki Heavy Industries Stock Up 0.5%

The stock has a market cap of $12.40 billion, a PE ratio of 21.46 and a beta of 0.87. The company has a current ratio of 1.10, a quick ratio of 0.68 and a debt-to-equity ratio of 0.50. The business has a 50-day moving average price of $28.76 and a 200-day moving average price of $24.19.

Kawasaki Heavy Industries (OTCMKTS:KWHIY - Get Free Report) last posted its quarterly earnings data on Friday, May 9th. The industrial products company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.63 by $0.06. Kawasaki Heavy Industries had a return on equity of 12.69% and a net margin of 4.11%. The firm had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $5.09 billion.

Kawasaki Heavy Industries Company Profile

(Get Free Report)

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.

See Also

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