Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) Stock Short Interest Report for October

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 269,092 shares, a growth of 267.9% from the October 15th total of 73,147 shares. Based on an average trading volume of 575,319 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein started coverage on Kawasaki Heavy Industries in a report on Tuesday, September 15th. They issued a “hold” rating on the stock. Three investment analysts have rated the stock with a Hold rating. According to MarketBeat, Kawasaki Heavy Industries presently has a consensus rating of “Hold”.

Kawasaki Heavy Industries Stock Down 0.6%

Shares of KWHIY traded down $0.03 during trading hours on Thursday, reaching $4.98. The company’s stock had a trading volume of 413,332 shares, compared to its average volume of 300,806. The firm has a market cap of $10.92 billion, a price-to-earnings ratio of 19.15 and a beta of 0.95. Kawasaki Heavy Industries has a 1-year low of $4.87 and a 1-year high of $9.73. The company has a quick ratio of 0.70, a current ratio of 1.16 and a debt-to-equity ratio of 0.38. The company has a 50 day moving average of $5.76 and a two-hundred day moving average of $15.33.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last posted its quarterly earnings results on Tuesday, November 10th. The industrial products company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.01). The company had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.45 billion.

Kawasaki Heavy Industries Company Profile

Kawasaki Heavy Industries, Ltd. is a Japanese industrial manufacturer with roots in shipbuilding. Founded by Shozo Kawasaki in 1896, the company has expanded into a range of transportation, machinery, and energy-related businesses. Its products and services include aircraft and aircraft engines, helicopters, railway vehicles, ships and marine equipment, gas turbines and other energy systems, industrial robots, and hydraulic machinery. The company also makes motorcycles, personal watercraft, all-terrain vehicles, and general-purpose engines.