Kawasaki Heavy Industries (OTCMKTS:KWHIY) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.47 and traded as low as $25.25. Kawasaki Heavy Industries shares last traded at $26.2950, with a volume of 38,380 shares.

Kawasaki Heavy Industries Stock Down 4.6%

The firm’s 50-day simple moving average is $27.50 and its 200 day simple moving average is $27.47. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.67 and a current ratio of 1.14. The stock has a market capitalization of $11.01 billion, a P/E ratio of 21.73 and a beta of 0.85.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last released its earnings results on Tuesday, November 11th. The industrial products company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.02). Kawasaki Heavy Industries had a net margin of 3.49% and a return on equity of 10.50%. The company had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.36 billion.

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.