Kawasaki Heavy Industries (OTCMKTS:KWHIY) Shares Gap Up – Here’s What Happened

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) gapped up before the market opened on Thursday . The stock had previously closed at $26.05, but opened at $27.50. Kawasaki Heavy Industries shares last traded at $27.45, with a volume of 5,754 shares traded.

Kawasaki Heavy Industries Price Performance

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 company has a fifty day moving average price of $27.53 and a two-hundred day moving average price of $27.59. The firm has a market cap of $11.43 billion, a P/E ratio of 17.84 and a beta of 0.83.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last announced its earnings results on Tuesday, November 11th. The industrial products company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.02). Kawasaki Heavy Industries had a return on equity of 12.92% and a net margin of 4.26%.The company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.36 billion.

About Kawasaki Heavy Industries

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.