Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY) Short Interest Down 58.8% in August

by · The Cerbat Gem

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY – Get Free Report) saw a large decline in short interest in the month of August. As of August 15th, there was short interest totaling 3,300 shares, adeclineof58.8% from the July 31st total of 8,000 shares. Based on an average daily volume of 111,900 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 111,900 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, CLSA raised Kawasaki Heavy Industries to a “hold” rating in a research note on Thursday, June 19th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Check Out Our Latest Stock Report on KWHIY

Kawasaki Heavy Industries Stock Performance

KWHIY stock opened at $23.99 on Thursday. The firm has a market cap of $10.05 billion, a PE ratio of 19.83 and a beta of 0.88. The company has a quick ratio of 0.68, a current ratio of 1.14 and a debt-to-equity ratio of 0.47. The business has a 50 day moving average of $28.00 and a 200-day moving average of $25.61. Kawasaki Heavy Industries has a 12-month low of $11.73 and a 12-month high of $33.73.

Kawasaki Heavy Industries (OTCMKTS:KWHIY – Get Free Report) last released its earnings results on Wednesday, August 6th. The industrial products company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.26). The business had revenue of $3.31 billion during the quarter, compared to the consensus estimate of $460 billion. Kawasaki Heavy Industries had a net margin of 3.49% and a return on equity of 10.50%.

About Kawasaki Heavy Industries

(Get Free Report)

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.

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