Kawasaki Heavy Industries Ltd. (KWHIY) Cut to Hold at Zacks Investment Research
Zacks Investment Research lowered shares of Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) from a buy rating to a hold rating in a report published on Monday.
According to Zacks, “Kawasaki Heavy Industries, Ltd. is engaged in the manufacture and sale of transportation equipment and industrial goods. Its Shipbuilding segment manufactures and sells submarines, and LNG and LPG carriers. The company’s Rolling Stock segment manufactures electric train cars, passenger coaches and platform screen doors. Its Aerospace segment manufactures airplanes, helicopters, passenger airplanes and jet aircraft. The company’s Gas Turbines and Machinery segment manufactures gas turbines, steam turbines, jet engines and prime movers. Kawasaki’s Plant and Infrastructure Engineering segment produces cement, chemical, and other industrial plants. The company’s Motorcycle and Engine segment offers motorcycles and all-terrain vehicles. Its Precision Machinery segment produces industrial hydraulic products and robots. Kawasaki Heavy Industries, Ltd. is headquartered in Kobe, Japan. “
Separately, ValuEngine raised shares of Kawasaki Heavy Industries from a hold rating to a buy rating in a research report on Monday.
Kawasaki Heavy Industries (KWHIY) opened at 13.40 on Monday. The firm has a 50 day moving average of $12.65 and a 200-day moving average of $12.18. The firm has a market cap of $559.62 million, a price-to-earnings ratio of 2.45 and a beta of 1.26. Kawasaki Heavy Industries has a one year low of $11.05 and a one year high of $13.84.
Kawasaki Heavy Industries (OTCMKTS:KWHIY) last released its quarterly earnings data on Monday, July 31st. The industrial products company reported $0.07 earnings per share for the quarter. The firm had revenue of $2.99 billion for the quarter. Kawasaki Heavy Industries had a net margin of 1.64% and a return on equity of 5.72%.
About Kawasaki Heavy Industries
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