Kawasaki Heavy Industries (OTCMKTS:KWHIY) Shares Cross Below 200-Day Moving Average of $13.54

Shares of Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.54 and traded as low as $13.47. Kawasaki Heavy Industries shares last traded at $13.64, with a volume of 2,629 shares.

Kawasaki Heavy Industries Stock Performance

The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.66 and a current ratio of 1.09. The stock has a market cap of $5.36 billion, a PE ratio of 31.15 and a beta of 0.97. The firm has a fifty day moving average price of $14.02 and a 200 day moving average price of $13.54.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last issued its quarterly earnings results on Tuesday, August 6th. The industrial products company reported $0.24 earnings per share for the quarter. The business had revenue of $2.85 billion for the quarter. Kawasaki Heavy Industries had a return on equity of 4.81% and a net margin of 1.60%. Research analysts forecast that Kawasaki Heavy Industries, Ltd. will post 0.88 earnings per share for the current fiscal year.

Kawasaki Heavy Industries Company Profile

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.