Kawasaki Heavy Industries (OTCMKTS:KWHIY) Sees Large Volume Increase – Time to Buy?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) shares saw an uptick in trading volume on Friday . 20,179 shares were traded during trading, a decline of 41% from the previous session’s volume of 34,096 shares.The stock last traded at $26.82 and had previously closed at $28.3420.

Kawasaki Heavy Industries Price Performance

The stock has a 50-day moving average of $28.46 and a two-hundred day moving average of $27.76. The company has a current ratio of 1.14, a quick ratio of 0.66 and a debt-to-equity ratio of 0.47. The firm has a market cap of $11.28 billion, a price-to-earnings ratio of 17.61 and a beta of 0.83.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last released its earnings results on Tuesday, November 11th. The industrial products company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.02). Kawasaki Heavy Industries had a net margin of 4.26% and a return on equity of 12.50%. The business had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.36 billion.

About Kawasaki Heavy Industries

Kawasaki Heavy Industries, Ltd. (OTCMKTS: KWHIY) is a diversified Japanese conglomerate with core operations in shipbuilding, rolling stock, industrial machinery, aerospace and energy systems. The company traces its roots to 1896 when founder Shozo Kawasaki established a shipyard in Kobe, Japan. Today, the firm is headquartered in Kobe and Tokyo and is recognized as one of the world’s leading manufacturers of heavy equipment and engineering solutions.

In its marine division, Kawasaki Heavy Industries designs and constructs a broad range of vessels including LNG carriers, container ships and offshore support platforms.