Kawasaki Heavy Industries (OTCMKTS:KWHIY) Shares Gap Up – Should You Buy?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) gapped up prior to trading on Monday . The stock had previously closed at $29.4250, but opened at $30.85. Kawasaki Heavy Industries shares last traded at $30.70, with a volume of 323 shares changing hands.

Kawasaki Heavy Industries Price Performance

The company has a fifty day simple moving average of $27.93 and a two-hundred day simple moving average of $27.75. The stock has a market capitalization of $12.81 billion, a price-to-earnings ratio of 19.99 and a beta of 0.83. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.66 and a current ratio of 1.14.

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 company had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.36 billion. Kawasaki Heavy Industries had a return on equity of 12.50% and a net margin of 4.26%.

About Kawasaki Heavy Industries

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.