Kawasaki Heavy Industries (OTCMKTS:KWHIY) Stock Crosses Above 50-Day Moving Average – What’s Next?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $25.80 and traded as high as $29.99. Kawasaki Heavy Industries shares last traded at $29.89, with a volume of 38,146 shares changing hands.

Kawasaki Heavy Industries Trading Up 8.9%

The company has a debt-to-equity ratio of 0.47, a current ratio of 1.14 and a quick ratio of 0.67. The company has a market cap of $12.52 billion, a P/E ratio of 24.71 and a beta of 0.88. The stock’s 50-day moving average is $25.80 and its two-hundred day moving average is $26.35.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last announced its earnings results on Wednesday, August 6th. The industrial products company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.26). The company had revenue of $3.31 billion for the quarter, compared to analysts’ expectations of $460 billion. Kawasaki Heavy Industries had a net margin of 3.49% and a return on equity of 10.50%.

Kawasaki Heavy Industries Company Profile

Kawasaki Heavy Industries, Ltd. engages in aerospace systems, energy solution and marine engineering, precision machinery and robot, rolling stock, and motorcycle and engine businesses in Japan and internationally. It manufactures aircraft for the Japan ministry of defense; helicopters; and helicopter and jet engines for commercial aircrafts.