Kawasaki Kisen Kaisha (OTCMKTS:KAIKY) Shares Set to Split on Wednesday, September 28th

Shares of Kawasaki Kisen Kaisha, Ltd. (OTCMKTS:KAIKYGet Rating) are scheduled to split on Wednesday, September 28th. The 3-1 split was announced on Wednesday, September 28th. The newly minted shares will be issued to shareholders after the market closes on Wednesday, September 28th.

Kawasaki Kisen Kaisha Trading Down 0.1 %

OTCMKTS:KAIKY opened at $27.63 on Monday. The firm’s fifty day simple moving average is $33.09 and its 200 day simple moving average is $32.33. Kawasaki Kisen Kaisha has a 1 year low of $20.77 and a 1 year high of $42.41.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on KAIKY. JPMorgan Chase & Co. upgraded shares of Kawasaki Kisen Kaisha from an “underweight” rating to a “neutral” rating in a research report on Thursday, June 9th. Nomura raised shares of Kawasaki Kisen Kaisha from a “neutral” rating to a “buy” rating in a report on Friday, May 27th.

About Kawasaki Kisen Kaisha

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Kawasaki Kisen Kaisha, Ltd. provides marine, land, and air transportation services in Japan, the United States, Europe, Asia, and internationally. The company operates through Dry Bulk, Energy Resource Transport, Product Logistics, and Other segments. It offers containership services; dry bulk carrier services comprising transport of raw materials, such as coal, iron ore, wheat, soybeans, corn, etc., as well as woodchips, and pulp; car carrier services; liquefied natural gas (LNG) carrier services; marine transport of crude oil, oil derivatives, and liquefied petroleum gas (LPG) products through tankers; offshore support vessel services; offshore drilling services; and floating production storage and offloading services.

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