Kawasaki Heavy Industries (OTCMKTS:KWHIY) Sees Unusually-High Trading Volume – Still a Buy?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) saw an uptick in trading volume on Wednesday . 49,865 shares were traded during mid-day trading, an increase of 28% from the previous session’s volume of 38,978 shares.The stock last traded at $29.6750 and had previously closed at $29.70.

Kawasaki Heavy Industries Trading Up 4.2%

The business’s 50-day moving average price is $28.14 and its 200 day moving average price is $27.67. The firm has a market capitalization of $12.96 billion, a price-to-earnings ratio of 20.23 and a beta of 0.70. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.14 and a quick ratio of 0.66.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last issued its quarterly earnings data on Tuesday, November 11th. The industrial products company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.02). The firm had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.36 billion. Kawasaki Heavy Industries had a return on equity of 12.50% and a net margin of 4.26%.

Kawasaki Heavy Industries Company Profile

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.