Kawasaki Heavy Industries (OTCMKTS:KWHIY) Hits New 1-Year High – Should You Buy?

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $17.77 and last traded at $17.58, with a volume of 25795 shares traded. The stock had previously closed at $17.47.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised Kawasaki Heavy Industries to a “strong-buy” rating in a report on Thursday, September 12th.

Kawasaki Heavy Industries Trading Up 0.6 %

The company has a current ratio of 1.09, a quick ratio of 0.63 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $7.38 billion, a P/E ratio of 42.62 and a beta of 0.97. The firm has a 50-day moving average of $13.99 and a two-hundred day moving average of $14.08.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last announced its quarterly earnings data on Tuesday, August 6th. The industrial products company reported $0.24 earnings per share for the quarter. Kawasaki Heavy Industries had a return on equity of 4.81% and a net margin of 1.60%. The business had revenue of $2.85 billion during the quarter. On average, analysts anticipate that Kawasaki Heavy Industries, Ltd. will post 0.88 EPS for the current year.

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.