Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) Short Interest Up 40.2% in September

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totalling 17,100 shares, an increase of 40.2% from the September 15th total of 12,200 shares. Based on an average daily volume of 12,500 shares, the short-interest ratio is presently 1.4 days.

Analyst Ratings Changes

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

Kawasaki Heavy Industries Price Performance

KWHIY traded up $0.33 during midday trading on Friday, reaching $17.34. 7,554 shares of the company’s stock were exchanged, compared to its average volume of 22,386. Kawasaki Heavy Industries has a 1-year low of $7.88 and a 1-year high of $17.77. The stock has a market capitalization of $7.28 billion, a PE ratio of 42.29 and a beta of 0.97. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.09 and a quick ratio of 0.63. The business’s 50-day moving average price is $14.22 and its 200 day moving average price is $14.16.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last announced its earnings results on Tuesday, August 6th. The industrial products company reported $0.24 earnings per share (EPS) for the quarter. Kawasaki Heavy Industries had a net margin of 1.60% and a return on equity of 4.81%. The firm had revenue of $2.85 billion for the quarter. As a group, equities analysts anticipate that Kawasaki Heavy Industries will post 0.88 EPS for the current fiscal 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.