Kawasaki Heavy Industries (OTCMKTS:KWHIY) Sees Large Volume Increase – Time to Buy?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) saw strong trading volume on Wednesday . 83,673 shares traded hands during mid-day trading, an increase of 150% from the previous session’s volume of 33,455 shares.The stock last traded at $24.95 and had previously closed at $25.48.

Analyst Ratings Changes

Separately, CLSA raised Kawasaki Heavy Industries to a “hold” rating in a report on Thursday, June 19th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy”.

Kawasaki Heavy Industries Trading Up 0.3%

The stock has a market capitalization of $10.52 billion, a P/E ratio of 20.76 and a beta of 0.87. The stock has a 50-day moving average price of $28.37 and a two-hundred day moving average price of $25.48. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.68 and a current ratio of 1.14.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last issued its quarterly earnings data on Wednesday, August 6th. The industrial products company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.26). The business had revenue of $3.31 billion during the quarter, compared to the consensus estimate of $460 billion. Kawasaki Heavy Industries had a return on equity of 10.50% and a net margin of 3.49%.

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.