Kawasaki Heavy Industries (OTCMKTS:KWHIY) Shares Gap Up - Here's What Happened

Key Points

• Kawasaki Heavy Industries shares experienced a significant price increase, opening at $27.50 after closing at $26.13, with a last traded price of $27.85.
• The company reported earnings of $0.07 EPS, which missed analysts' consensus estimates of $0.33, alongside a revenue figure of $3.31 billion.
• Kawasaki Heavy Industries has a market capitalization of $11.81 billion and operates across several sectors, including aerospace and energy solutions.

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $26.13, but opened at $27.50. Kawasaki Heavy Industries shares last traded at $27.85, with a volume of 3,237 shares changing hands.

Kawasaki Heavy Industries Price Performance

The firm's 50-day moving average price is $25.80 and its 200-day moving average price is $26.26. The company has a current ratio of 1.14, a quick ratio of 0.67 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $11.81 billion, a PE ratio of 23.31 and a beta of 0.88.

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

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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