Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) Short Interest Update

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 21,980 shares, a growth of 85.7% from the August 31st total of 11,836 shares. Based on an average daily volume of 784,251 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Kawasaki Heavy Industries Trading Down 1.0%

Shares of OTCMKTS KWHIY opened at $5.96 on Thursday. Kawasaki Heavy Industries has a 1-year low of $4.86 and a 1-year high of $9.73. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.16 and a quick ratio of 0.70. The business’s 50 day moving average is $6.50 and its two-hundred day moving average is $11.28. The stock has a market capitalization of $13.07 billion, a P/E ratio of 22.92 and a beta of 0.74.

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

Analysts Set New Price Targets

Separately, Sanford C. Bernstein initiated coverage on shares of Kawasaki Heavy Industries in a research report on Tuesday, September 15th. They set a “hold” rating for the company. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

About Kawasaki Heavy Industries

Kawasaki Heavy Industries, Ltd. is a Japanese industrial manufacturer that develops and produces transportation equipment, industrial machinery, and infrastructure systems. Its activities include aerospace products, railway vehicles, ships and marine equipment, energy systems, hydraulic machinery, industrial robots, and motorcycles and engines.

The company supplies commercial and defense aerospace systems, including aircraft structures and components, and manufactures rolling stock for rail networks in Japan and international markets.