Kawasaki Heavy Industries (OTCMKTS:KWHIY) Hits New 12-Month High – Still a Buy?

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $17.77 and last traded at $17.58, with a volume of 25795 shares traded. The stock had previously closed at $17.47.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Kawasaki Heavy Industries to a “strong-buy” rating in a research note on Thursday, September 12th.

Kawasaki Heavy Industries Trading Up 1.9 %

The company has a debt-to-equity ratio of 0.53, a current ratio of 1.09 and a quick ratio of 0.63. The stock has a fifty day moving average price of $14.22 and a 200-day moving average price of $14.15.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last released its quarterly earnings results on Tuesday, August 6th. The industrial products company reported $0.24 EPS for the quarter. The business had revenue of $2.85 billion during the quarter. Kawasaki Heavy Industries had a net margin of 1.60% and a return on equity of 4.81%. On average, equities research analysts forecast that Kawasaki Heavy Industries, Ltd. will post 0.88 EPS for the current year.

About Kawasaki Heavy Industries

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.