Kawasaki Heavy Industries (OTCMKTS:KWHIY) Trading Down 7.1% – Should You Sell?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY – Get Free Report) traded down 7.1% during mid-day trading on Thursday . The stock traded as low as $7.70 and last traded at $8.10. 5,479 shares were traded during mid-day trading, a decline of 98% from the average session volume of 290,491 shares. The stock had previously closed at $8.72.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. The Goldman Sachs Group downgraded Kawasaki Heavy Industries from a “buy” rating to a “neutral” rating in a report on Tuesday. Zacks Research downgraded Kawasaki Heavy Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Kawasaki Heavy Industries presently has a consensus rating of “Hold”.

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Kawasaki Heavy Industries Trading Down 6.9%

The stock has a market capitalization of $17.04 billion, a PE ratio of 23.47 and a beta of 0.74. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.12 and a quick ratio of 0.67. The stock’s 50 day simple moving average is $24.88 and its two-hundred day simple moving average is $30.07.

Kawasaki Heavy Industries (OTCMKTS:KWHIY – Get Free Report) last announced its quarterly earnings results on Monday, February 9th. The industrial products company reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.40. The company had revenue of $3.60 billion for the quarter, compared to analysts’ expectations of $3.79 billion. Kawasaki Heavy Industries had a net margin of 4.74% and a return on equity of 13.40%.

Kawasaki Heavy Industries Company Profile

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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.

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