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

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY)’s stock price gapped up prior to trading 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 trading hands.

Kawasaki Heavy Industries Trading Up 2.0%

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 firm has a 50-day moving average price of $27.58 and a 200-day moving average price of $27.61. The stock has a market capitalization of $11.65 billion, a PE ratio of 18.18 and a beta of 0.83.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last issued its quarterly earnings results 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 for the quarter, compared to analyst estimates of $3.36 billion. Kawasaki Heavy Industries had a return on equity of 12.92% and a net margin of 4.26%.

Kawasaki Heavy Industries Company Profile

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.