Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) Short Interest Down 74.1% in July

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 35,676 shares, a decrease of 74.1% from the July 15th total of 137,941 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 705,628 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut shares of Kawasaki Heavy Industries from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 12th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Kawasaki Heavy Industries Price Performance

Shares of OTCMKTS KWHIY traded up $0.07 during mid-day trading on Thursday, hitting $7.09. 161,439 shares of the stock traded hands, compared to its average volume of 279,163. The company has a market cap of $15.56 billion, a PE ratio of 27.29 and a beta of 0.75. Kawasaki Heavy Industries has a twelve month low of $4.67 and a twelve month high of $9.73. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.15 and a quick ratio of 0.73. The firm has a 50 day simple moving average of $7.07 and a two-hundred day simple moving average of $19.91.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last issued its earnings results on Friday, August 7th. The industrial products company reported $0.05 earnings per share (EPS) 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 analyst estimates of $3.33 billion. Kawasaki Heavy Industries had a return on equity of 13.40% and a net margin of 4.74%.

About Kawasaki Heavy Industries

Kawasaki Heavy Industries, Ltd. (OTCMKTS: KWHIY) is a diversified Japanese conglomerate with core operations in shipbuilding, rolling stock, industrial machinery, aerospace and energy systems. The company traces its roots to 1896 when founder Shozo Kawasaki established a shipyard in Kobe, Japan. Today, the firm is headquartered in Kobe and Tokyo and is recognized as one of the world’s leading manufacturers of heavy equipment and engineering solutions.

In its marine division, Kawasaki Heavy Industries designs and constructs a broad range of vessels including LNG carriers, container ships and offshore support platforms.