Shares of Kawasaki Heavy Industries Ltd (OTCMKTS:KWHIY) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $9.31 and traded as low as $9.12. Kawasaki Heavy Industries shares last traded at $9.12, with a volume of 363 shares trading hands.
Separately, Zacks Investment Research upgraded shares of Kawasaki Heavy Industries from a “sell” rating to a “hold” rating in a report on Wednesday, November 20th.
The company has a market cap of $3.81 billion, a price-to-earnings ratio of 15.46 and a beta of 1.38. The company has a current ratio of 1.26, a quick ratio of 0.60 and a debt-to-equity ratio of 0.69. The stock’s fifty day simple moving average is $9.31 and its 200 day simple moving average is $8.88.
Kawasaki Heavy Industries, Ltd., together with its subsidiaries, engages in the ship and offshore structure, rolling stock, aerospace, gas turbine and machinery, plant and infrastructure, motorcycle and engine, and precision machinery businesses. The Ship & Offshore Structure segment offers liquid natural gas carriers, LPG carriers, bulk carriers, and submarines.
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