Kawasaki Heavy Industries (OTCMKTS:KWHIY) Shares Gap Down - What's Next?

Shares of Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $31.40, but opened at $29.06. Kawasaki Heavy Industries shares last traded at $30.51, with a volume of 3,220 shares.

Analyst Ratings Changes

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

Kawasaki Heavy Industries Price Performance

The company has a 50-day moving average of $26.77 and a 200-day moving average of $22.55. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.68 and a current ratio of 1.10. The firm has a market capitalization of $12.81 billion, a price-to-earnings ratio of 22.16 and a beta of 0.82.

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

About Kawasaki Heavy Industries

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.