Kawasaki Heavy Industries (OTCMKTS:KWHIY) Sees Strong Trading Volume – Should You Buy?

Shares of Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) saw unusually-high trading volume on Friday . Approximately 20,179 shares traded hands during trading, a decline of 41% from the previous session’s volume of 34,096 shares.The stock last traded at $26.82 and had previously closed at $28.3420.

Kawasaki Heavy Industries Stock Performance

The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.66 and a current ratio of 1.14. The company has a market cap of $11.28 billion, a P/E ratio of 17.61 and a beta of 0.83. The firm has a 50 day moving average price of $28.46 and a 200-day moving average price of $27.76.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last announced its earnings results on Tuesday, November 11th. The industrial products company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.02). Kawasaki Heavy Industries had a return on equity of 12.50% and a net margin of 4.26%.The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.36 billion.

Kawasaki Heavy Industries Company Profile

Kawasaki Heavy Industries, Ltd. (OTCMKTS: KWHIY) is a diversified Japanese conglomerate with core operations in shipbuilding, rolling stock, industrial machinery, aerospace and energy systems. The company traces its roots to 1896 when founder Shozo Kawasaki established a shipyard in Kobe, Japan. Today, the firm is headquartered in Kobe and Tokyo and is recognized as one of the world’s leading manufacturers of heavy equipment and engineering solutions.

In its marine division, Kawasaki Heavy Industries designs and constructs a broad range of vessels including LNG carriers, container ships and offshore support platforms.