Kawasaki Heavy Industries (OTCMKTS:KWHIY) Stock Passes Below Fifty Day Moving Average of $8.48
Kawasaki Heavy Industries Ltd (OTCMKTS:KWHIY) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $8.48 and traded as low as $8.09. Kawasaki Heavy Industries shares last traded at $8.09, with a volume of 119 shares.
Separately, Zacks Investment Research upgraded shares of Kawasaki Heavy Industries from a “sell” rating to a “hold” rating in a research note on Wednesday, November 20th.
The company’s 50-day moving average price is $8.44 and its two-hundred day moving average price is $8.67. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.63 and a current ratio of 1.26. The stock has a market cap of $3.35 billion, a PE ratio of 17.65 and a beta of 1.44.
About Kawasaki Heavy Industries (OTCMKTS:KWHIY)
Kawasaki Heavy Industries, Ltd., together with its subsidiaries, engages in the ship and offshore structure, rolling stock, aerospace, gas turbine and machinery, plant and infrastructure, motorcycle and engine, and precision machinery businesses. The Ship & Offshore Structure segment offers liquid natural gas carriers, LPG carriers, bulk carriers, and submarines.
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