Kawasaki Heavy Industries (OTCMKTS:KWHIY) Announces Earnings Results

Kawasaki Heavy Industries (OTCMKTS:KWHIY) issued its quarterly earnings results on Tuesday. The industrial products company reported $0.29 earnings per share (EPS) for the quarter, Zacks reports. Kawasaki Heavy Industries had a net margin of 3.49% and a return on equity of 10.50%.

Kawasaki Heavy Industries Stock Performance

OTCMKTS:KWHIY traded down $2.37 during trading hours on Tuesday, reaching $27.66. 8,951 shares of the stock were exchanged, compared to its average volume of 34,811. The firm has a 50 day simple moving average of $27.14 and a 200-day simple moving average of $27.32. Kawasaki Heavy Industries has a 52 week low of $14.51 and a 52 week high of $34.35. The stock has a market capitalization of $11.58 billion, a P/E ratio of 22.86 and a beta of 0.85. The company has a quick ratio of 0.67, a current ratio of 1.14 and a debt-to-equity ratio of 0.47.

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.