Kawasaki Heavy Industries (OTCMKTS:KWHIY) Trading Up 6% – Still a Buy?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIYGet Free Report)’s share price traded up 6% during mid-day trading on Monday . The stock traded as high as $47.25 and last traded at $47.02. 4,158 shares changed hands during trading, a decline of 91% from the average session volume of 48,218 shares. The stock had previously closed at $44.37.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Kawasaki Heavy Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy”.

Get Our Latest Stock Analysis on KWHIY

Kawasaki Heavy Industries Price Performance

The stock’s 50-day moving average is $34.52 and its 200 day moving average is $29.71. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.66 and a current ratio of 1.14. The stock has a market capitalization of $19.66 billion, a PE ratio of 27.14 and a beta of 0.69.

Kawasaki Heavy Industries (OTCMKTS:KWHIYGet Free Report) last announced its quarterly earnings results on Monday, February 9th. The industrial products company reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.40. The firm had revenue of $3.60 billion during the quarter, compared to analysts’ expectations of $3.79 billion. Kawasaki Heavy Industries had a net margin of 4.74% and a return on equity of 13.65%.

Kawasaki Heavy Industries Company Profile

(Get Free Report)

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.

Further Reading

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