Kawasaki Heavy Industries (OTCMKTS:KWHIY) Trading Down 5.3% – Should You Sell?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY)’s share price was down 5.3% on Friday . The stock traded as low as $27.95 and last traded at $27.95. Approximately 2,002 shares were traded during trading, a decline of 94% from the average daily volume of 34,407 shares. The stock had previously closed at $29.50.

Kawasaki Heavy Industries Stock Down 0.9%

The firm’s fifty day moving average is $28.16 and its two-hundred day moving average is $27.81. The firm has a market cap of $11.79 billion, a price-to-earnings ratio of 18.40 and a beta of 0.83. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.14 and a quick ratio of 0.66.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last posted its quarterly earnings data on Tuesday, November 11th. The industrial products company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.02). The company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.36 billion. Kawasaki Heavy Industries had a net margin of 4.26% and a return on equity of 12.50%.

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.