Kawasaki Heavy Industries (OTCMKTS:KWHIY) Hits New 1-Year High – Here’s Why

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $20.92 and last traded at $20.84, with a volume of 8611 shares changing hands. The stock had previously closed at $18.88.

Kawasaki Heavy Industries Price Performance

The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 0.60. The stock has a 50 day simple moving average of $17.98 and a two-hundred day simple moving average of $16.14. The company has a market cap of $8.73 billion, a price-to-earnings ratio of 20.84 and a beta of 0.92.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last released its quarterly earnings results on Friday, February 14th. The industrial products company reported $0.48 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.48. Kawasaki Heavy Industries had a return on equity of 9.62% and a net margin of 3.17%. On average, equities research analysts predict that Kawasaki Heavy Industries, Ltd. will post 1.52 earnings per share for the current fiscal 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.