Kawasaki Heavy Industries (OTCMKTS:KWHIY) Shares Gap Up - Should You Buy?

Key Points

• Kawasaki Heavy Industries shares opened at $26.25 after closing at $25.24, indicating a noticeable gap up in price before the market opened.
• The stock has an average analyst rating of "Hold" and was recently rated Hold by CLSA as well.
• Kawasaki Heavy Industries reported quarterly earnings of $0.07 EPS, significantly missing analysts' expectations of $0.33, with a revenue of $3.31 billion against estimates of $460 billion.

Shares of Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $25.24, but opened at $26.25. Kawasaki Heavy Industries shares last traded at $25.50, with a volume of 15,531 shares traded.

Analyst Ratings Changes

Separately, CLSA raised shares of Kawasaki Heavy Industries to a "hold" rating in a research report on Thursday, June 19th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Kawasaki Heavy Industries has an average rating of "Hold".

Kawasaki Heavy Industries Trading Up 1.1%

The stock has a market cap of $10.69 billion, a price-to-earnings ratio of 21.10 and a beta of 0.88. The company has a quick ratio of 0.67, a current ratio of 1.14 and a debt-to-equity ratio of 0.47. The business's 50 day simple moving average is $27.24 and its 200 day simple moving average is $25.91.

Kawasaki Heavy Industries (OTCMKTS:KWHIY - Get Free Report) last announced its quarterly 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 firm had revenue of $3.31 billion during the quarter, compared to analyst estimates 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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