Kawasaki Heavy Industries (OTCMKTS:KWHIY) Sets New 1-Year Low – Should You Sell?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as $4.98 and last traded at $4.9995, with a volume of 260,486 shares traded. The stock had previously closed at $5.35.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein started coverage on shares of Kawasaki Heavy Industries in a research report on Tuesday, September 15th. They issued a “hold” rating for the company. Three research analysts have rated the stock with a Hold rating. According to data from MarketBeat, Kawasaki Heavy Industries has an average rating of “Hold”.

Read Our Latest Research Report on KWHIY

Kawasaki Heavy Industries Price Performance

The business’s 50-day simple moving average is $5.83 and its 200 day simple moving average is $15.78. The company has a current ratio of 1.16, a quick ratio of 0.70 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $11.16 billion, a P/E ratio of 19.58 and a beta of 0.95.

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

About Kawasaki Heavy Industries

(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.

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