Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY – Get Free Report) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 137,941 shares, a growth of 176.0% from the June 30th total of 49,987 shares. Based on an average daily volume of 616,379 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.
Kawasaki Heavy Industries Price Performance
Shares of KWHIY stock traded down $0.18 on Monday, hitting $6.64. 89,177 shares of the company’s stock were exchanged, compared to its average volume of 284,457. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.15 and a quick ratio of 0.73. Kawasaki Heavy Industries has a 12 month low of $4.67 and a 12 month high of $9.73. The stock has a market cap of $13.95 billion, a P/E ratio of 19.21 and a beta of 0.74. The company has a 50 day moving average of $7.25 and a 200 day moving average of $22.35.
Analyst Ratings Changes
Separately, The Goldman Sachs Group lowered shares of Kawasaki Heavy Industries from a “buy” rating to a “neutral” rating in a report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Kawasaki Heavy Industries currently has a consensus rating of “Hold”.
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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