Kawasaki Heavy Industries (OTCMKTS:KWHIY) Sets New 12-Month Low – Time to Sell?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY)’s stock price reached a new 52-week low on Thursday. The company traded as low as $4.98 and last traded at $4.9995, with a volume of 260,486 shares trading hands. The stock had previously closed at $5.35.

Wall Street Analyst Weigh In

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

Kawasaki Heavy Industries Trading Down 7.5%

The stock has a market cap of $10.85 billion, a PE ratio of 19.04 and a beta of 0.95. 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 stock’s fifty day moving average price is $5.89 and its 200 day moving average price is $16.08.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last issued 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 business had revenue of $3.44 billion during the quarter, compared to analyst estimates of $3.33 billion.

Kawasaki Heavy Industries Company Profile

Kawasaki Heavy Industries, Ltd. is a Japanese industrial manufacturer with operations spanning transportation equipment, aerospace, energy and environmental systems, industrial machinery, and marine products. The company serves government, commercial, and industrial customers through a portfolio that includes ships, rail cars, aircraft and aerospace components, gas turbines, hydraulic equipment, industrial robots, and infrastructure systems.

Kawasaki is also associated with motorcycles and recreational products through its powersports business, which develops and sells motorcycles, all-terrain vehicles, utility vehicles, and related engines.