Kawasaki Heavy Industries (OTCMKTS:KWHIY) Upgraded at The Goldman Sachs Group

Kawasaki Heavy Industries (OTCMKTS:KWHIY) was upgraded by investment analysts at The Goldman Sachs Group to a “strong-buy” rating in a report issued on Thursday, Zacks.com reports.

Kawasaki Heavy Industries Price Performance

Shares of KWHIY opened at $14.04 on Thursday. The stock has a market cap of $5.89 billion, a P/E ratio of 34.24 and a beta of 0.97. Kawasaki Heavy Industries has a 1 year low of $7.88 and a 1 year high of $16.90. The stock’s 50-day moving average price is $13.73 and its two-hundred day moving average price is $13.64. The company has a current ratio of 1.09, a quick ratio of 0.63 and a debt-to-equity ratio of 0.53.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last released 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 net margin of 1.60% and a return on equity of 4.81%. The business had revenue of $2.85 billion for the quarter. On average, equities analysts predict that Kawasaki Heavy Industries will post 0.88 earnings per share for the current year.

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.