Kawasaki Heavy Industries (OTCMKTS:KWHIY) Sees Strong Trading Volume – Time to Buy?

Shares of Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) saw unusually-high trading volume on Friday . 329,118 shares traded hands during mid-day trading, an increase of 19% from the previous session’s volume of 275,553 shares.The stock last traded at $6.04 and had previously closed at $5.94.

Kawasaki Heavy Industries Trading Up 1.9%

The company has a current ratio of 1.16, a quick ratio of 0.73 and a debt-to-equity ratio of 0.38. The company’s fifty day moving average is $6.72 and its 200-day moving average is $14.95. The firm has a market capitalization of $13.26 billion, a P/E ratio of 23.27 and a beta of 0.74.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last announced its earnings results on Friday, August 7th. The industrial products company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.02). The firm had revenue of $3.44 billion during the quarter, compared to the consensus estimate of $3.33 billion. Kawasaki Heavy Industries had a return on equity of 13.40% and a net margin of 4.74%.

Kawasaki Heavy Industries Company Profile

Kawasaki Heavy Industries, Ltd. is a Japanese industrial manufacturer that develops and supplies transportation equipment, machinery, infrastructure systems and other advanced industrial products. The company traces its origins to a shipyard established by Shozo Kawasaki in 1878 and was incorporated as Kawasaki Dockyard in 1896.

The company operates across several business areas, including aerospace systems, rolling stock, energy and environmental solutions, precision machinery and robotics, shipbuilding, and motorcycles and engines.