Kawasaki Heavy Industries (OTCMKTS:KWHIY) Sets New 52-Week High – Here’s What Happened

Shares of Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) hit a new 52-week high during trading on Wednesday . The company traded as high as $19.06 and last traded at $18.37, with a volume of 8462 shares trading hands. The stock had previously closed at $18.30.

Kawasaki Heavy Industries Stock Up 1.4 %

The business’s 50-day moving average is $17.56 and its two-hundred day moving average is $15.89. The firm has a market capitalization of $7.85 billion, a price-to-earnings ratio of 18.75 and a beta of 0.92. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.60 and a current ratio of 1.08.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last posted its earnings results on Friday, February 7th. The industrial products company reported $0.48 earnings per share for the quarter. Kawasaki Heavy Industries had a net margin of 3.17% and a return on equity of 9.62%. On average, equities analysts anticipate that Kawasaki Heavy Industries, Ltd. will post 1.52 earnings per share for the current year.

About Kawasaki Heavy Industries

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.