Kawasaki Heavy Industries (OTCMKTS:KWHIY) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.50 and traded as low as $18.48. Kawasaki Heavy Industries shares last traded at $18.58, with a volume of 25,227 shares changing hands.

Kawasaki Heavy Industries Stock Performance

The firm has a fifty day moving average of $21.71 and a 200-day moving average of $18.53. The company has a quick ratio of 0.60, a current ratio of 1.08 and a debt-to-equity ratio of 0.52. The firm has a market cap of $7.78 billion, a P/E ratio of 14.08 and a beta of 0.69.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last issued its earnings results on Friday, February 14th. The industrial products company reported $0.48 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.48. Kawasaki Heavy Industries had a net margin of 4.09% and a return on equity of 12.40%.

Kawasaki Heavy Industries Company Profile

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.