Kawasaki Heavy Industries (OTCMKTS:KWHIY) Sets New 12-Month High – Should You Buy?

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $18.25 and last traded at $18.00, with a volume of 9121 shares trading hands. The stock had previously closed at $17.68.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded Kawasaki Heavy Industries to a “strong-buy” rating in a report on Thursday, September 12th.

Kawasaki Heavy Industries Stock Performance

The company has a 50-day moving average of $14.34 and a 200-day moving average of $14.19. The firm has a market capitalization of $7.56 billion, a price-to-earnings ratio of 43.12 and a beta of 0.97. The company has a current ratio of 1.09, a quick ratio of 0.63 and a debt-to-equity ratio of 0.53.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last released its quarterly earnings data on Tuesday, August 6th. The industrial products company reported $0.24 earnings per share for the quarter. The firm had revenue of $2.85 billion for the quarter. Kawasaki Heavy Industries had a net margin of 1.60% and a return on equity of 4.81%. On average, equities 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.