Kawasaki Heavy Industries (OTCMKTS:KWHIY) Shares Gap Down – What’s Next?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY – Get Free Report)’s stock price gapped down before the market opened on Monday. The stock had previously closed at $5.5080, but opened at $5.21. Kawasaki Heavy Industries shares last traded at $5.21, with a volume of 870 shares changing hands.

Analyst Ratings Changes

Separately, Sanford C. Bernstein assumed coverage on Kawasaki Heavy Industries in a report on Tuesday, September 15th. They set a “hold” rating for the company. Three research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

View Our Latest Report on Kawasaki Heavy Industries

Kawasaki Heavy Industries Stock Performance

The company’s 50 day simple moving average is $5.96 and its 200 day simple moving average is $16.51. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.70 and a current ratio of 1.16. The stock has a market cap of $11.87 billion, a PE ratio of 20.83 and a beta of 0.95.

Kawasaki Heavy Industries (OTCMKTS:KWHIY – Get Free Report) last announced its earnings results on Friday, August 7th. The industrial products company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.02). The firm had revenue of $3.44 billion during the quarter, compared to analysts’ expectations of $3.33 billion.

Kawasaki Heavy Industries Company Profile

(Get Free Report)

Kawasaki Heavy Industries, Ltd. is a Japanese industrial manufacturer with operations spanning transportation equipment, aerospace, energy and environmental systems, industrial machinery, and marine products. The company serves government, commercial, and industrial customers through a portfolio that includes ships, rail cars, aircraft and aerospace components, gas turbines, hydraulic equipment, industrial robots, and infrastructure systems.

Kawasaki is also associated with motorcycles and recreational products through its powersports business, which develops and sells motorcycles, all-terrain vehicles, utility vehicles, and related engines.

See Also

Receive News & Ratings for Kawasaki Heavy Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kawasaki Heavy Industries and related companies with MarketBeat.com's FREE daily email newsletter.