Kawasaki Heavy Industries (OTCMKTS:KWHIY) Shares Gap Down – Should You Sell?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) gapped down prior to trading on Monday . The stock had previously closed at $28.3420, but opened at $26.66. Kawasaki Heavy Industries shares last traded at $26.56, with a volume of 1,545 shares changing hands.

Kawasaki Heavy Industries Price Performance

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 company has a 50-day moving average of $28.47 and a 200-day moving average of $27.73. The stock has a market capitalization of $11.11 billion, a price-to-earnings ratio of 17.34 and a beta of 0.83.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last announced its 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). Kawasaki Heavy Industries had a net margin of 4.26% and a return on equity of 12.50%. The company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.36 billion.

About Kawasaki Heavy Industries

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.