Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY – Get Free Report) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 4,038 shares, a decline of 88.7% from the July 30th total of 35,676 shares. Based on an average daily volume of 267,099 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group cut shares of Kawasaki Heavy Industries from a “buy” rating to a “neutral” rating in a report on Tuesday, May 12th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, Kawasaki Heavy Industries presently has a consensus rating of “Hold”.
View Our Latest Report on KWHIY
Kawasaki Heavy Industries Stock Performance
Kawasaki Heavy Industries (OTCMKTS:KWHIY – Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The industrial products company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.02). Kawasaki Heavy Industries had a return on equity of 13.40% and a net margin of 4.74%.The business had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.33 billion.
Kawasaki Heavy Industries Company Profile
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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