Kawasaki Heavy Industries (OTCMKTS:KWHIY) Shares Gap Down – What’s Next?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY)’s share price gapped down prior to trading on Friday . The stock had previously closed at $25.49, but opened at $24.28. Kawasaki Heavy Industries shares last traded at $25.52, with a volume of 2,335 shares changing hands.

Analyst Upgrades and Downgrades

Separately, CLSA upgraded shares of Kawasaki Heavy Industries to a “hold” rating in a research note on Thursday, June 19th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Kawasaki Heavy Industries Trading Down 1.2%

The company has a current ratio of 1.14, a quick ratio of 0.67 and a debt-to-equity ratio of 0.47. The stock has a market cap of $10.55 billion, a P/E ratio of 20.82 and a beta of 0.88. The firm’s 50-day simple moving average is $26.65 and its 200 day simple moving average is $26.09.

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

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.