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

Shares of Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) saw unusually-strong trading volume on Friday . 329,118 shares were traded during mid-day trading, an increase of 19% from the previous session’s volume of 275,553 shares.The stock last traded at $6.04 and had previously closed at $5.94.

Kawasaki Heavy Industries Stock Up 1.9%

The firm has a 50-day moving average price of $6.72 and a two-hundred day moving average price of $14.95. The company has a market capitalization of $13.26 billion, a P/E ratio of 23.27 and a beta of 0.74. The company has a quick ratio of 0.73, a current ratio of 1.16 and a debt-to-equity ratio of 0.38.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last announced its earnings results on Friday, August 7th. The industrial products company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.02). The company had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.33 billion. Kawasaki Heavy Industries had a return on equity of 13.40% and a net margin of 4.74%.

About Kawasaki Heavy Industries

Kawasaki Heavy Industries, Ltd. is a Japanese industrial manufacturer that develops and supplies transportation equipment, machinery, infrastructure systems and other advanced industrial products. The company traces its origins to a shipyard established by Shozo Kawasaki in 1878 and was incorporated as Kawasaki Dockyard in 1896.

The company operates across several business areas, including aerospace systems, rolling stock, energy and environmental solutions, precision machinery and robotics, shipbuilding, and motorcycles and engines.