Kawasaki Heavy Industries (OTCMKTS:KWHIY) Sees Strong Trading Volume – Here’s What Happened

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIYGet Free Report) shares saw unusually-high trading volume on Friday . Approximately 671,711 shares were traded during trading, an increase of 136% from the previous session’s volume of 284,635 shares.The stock last traded at $6.43 and had previously closed at $6.70.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut shares of Kawasaki Heavy Industries from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 12th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Get Our Latest Stock Report on Kawasaki Heavy Industries

Kawasaki Heavy Industries Stock Down 3.1%

The firm’s 50-day moving average is $7.45 and its two-hundred day moving average is $23.20. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.73 and a current ratio of 1.15. The stock has a market cap of $13.63 billion, a P/E ratio of 18.77 and a beta of 0.74.

About Kawasaki Heavy Industries

(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.

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