Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY - Get Free Report) shares traded down 3.6% on Wednesday . The company traded as low as $28.99 and last traded at $29.47. 924 shares changed hands during trading, a decline of 97% from the average session volume of 33,361 shares. The stock had previously closed at $30.59.
Wall Street Analysts Forecast Growth
Separately, CLSA upgraded shares of Kawasaki Heavy Industries to a "hold" rating in a research note on Thursday, June 19th.
View Our Latest Stock Report on Kawasaki Heavy Industries
Kawasaki Heavy Industries Stock Down 1.6%
The stock has a market capitalization of $12.03 billion, a P/E ratio of 20.82 and a beta of 0.83. 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 stock's fifty day simple moving average is $27.11 and its two-hundred day simple moving average is $22.76.
Kawasaki Heavy Industries (OTCMKTS:KWHIY - Get Free Report) last released its earnings results on Friday, May 9th. The industrial products company reported $0.69 earnings per share (EPS) 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 business had revenue of $4.98 billion for the quarter, compared to analyst estimates of $5.09 billion.
About Kawasaki Heavy Industries
(
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.
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