Kawasaki Heavy Industries (OTCMKTS:KWHIY) Shares Up 4.9% – Here’s Why

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIYGet Free Report) shares traded up 4.9% on Thursday . The company traded as high as $17.90 and last traded at $17.88. 8,172 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 20,485 shares. The stock had previously closed at $17.04.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Report on KWHIY

Kawasaki Heavy Industries Stock Performance

The business’s fifty day moving average price is $16.50 and its 200 day moving average price is $15.06. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.09 and a quick ratio of 0.63.

About Kawasaki Heavy Industries

(Get Free Report)

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.

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