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Kawasaki Heavy Industries (OTCMKTS:KWHIY) Stock Price Passes Above Fifty Day Moving Average - Time to Sell?

Kawasaki Heavy Industries logo with Industrials background

Key Points

  • Kawasaki Heavy Industries (OTCMKTS:KWHIY) shares have surpassed their 50-day moving average, trading as high as $29.99 but last reported at $29.10.
  • The company's earnings report showed a miss on estimates, with earnings per share at $0.07 compared to a consensus of $0.33.
  • CLSA has upgraded the stock's rating to "hold" as of June 19, indicating a shift in analyst sentiment.
  • Looking to export and analyze Kawasaki Heavy Industries data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY - Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $29.05 and traded as high as $29.99. Kawasaki Heavy Industries shares last traded at $29.10, with a volume of 312,141 shares changing hands.

Analyst Upgrades and Downgrades

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

View Our Latest Research Report on KWHIY

Kawasaki Heavy Industries Stock Down 2.5%

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 cap of $12.19 billion, a price-to-earnings ratio of 24.05 and a beta of 0.87. The firm has a 50-day moving average price of $29.05 and a two-hundred day moving average price of $24.87.

Kawasaki Heavy Industries (OTCMKTS:KWHIY - Get Free Report) last issued its earnings results on Wednesday, August 6th. The industrial products company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.26). Kawasaki Heavy Industries had a return on equity of 11.01% and a net margin of 3.49%. The business had revenue of $3.31 billion for the quarter, compared to analyst estimates of $460 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.

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