Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) Stock Short Interest Jumps 85.7%

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 21,980 shares, a growth of 85.7% from the August 31st total of 11,836 shares. Based on an average daily volume of 784,251 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein began coverage on Kawasaki Heavy Industries in a report on Tuesday, September 15th. They set a “hold” rating on the stock. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Kawasaki Heavy Industries Trading Down 1.2%

Shares of OTCMKTS:KWHIY traded down $0.07 during trading on Tuesday, reaching $5.99. The stock had a trading volume of 134,047 shares, compared to its average volume of 284,433. The company has a quick ratio of 0.70, a current ratio of 1.16 and a debt-to-equity ratio of 0.38. The stock has a market cap of $13.13 billion, a P/E ratio of 23.04 and a beta of 0.74. The business has a fifty day moving average price of $6.53 and a 200-day moving average price of $11.77. Kawasaki Heavy Industries has a fifty-two week low of $4.86 and a fifty-two week high of $9.73.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last released its earnings results on Friday, August 7th. The industrial products company reported $0.05 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $3.44 billion during the quarter, compared to analysts’ expectations of $3.33 billion.

Kawasaki Heavy Industries Company Profile

Kawasaki Heavy Industries, Ltd. is a Japanese industrial manufacturer that develops and supplies transportation equipment, machinery, infrastructure systems and other advanced industrial products. The company traces its origins to a shipyard established by Shozo Kawasaki in 1878 and was incorporated as Kawasaki Dockyard in 1896.

The company operates across several business areas, including aerospace systems, rolling stock, energy and environmental solutions, precision machinery and robotics, shipbuilding, and motorcycles and engines.