Kawasaki Heavy Industries (OTCMKTS:KWHIY) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $17.98 and traded as high as $20.92. Kawasaki Heavy Industries shares last traded at $20.84, with a volume of 8,611 shares traded.

Kawasaki Heavy Industries Trading Up 10.4 %

The firm has a market capitalization of $8.73 billion, a PE ratio of 14.30 and a beta of 0.92. The firm’s fifty day moving average is $17.98 and its two-hundred day moving average is $16.14. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.08 and a quick ratio of 0.60.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last released its quarterly earnings results on Friday, February 14th. The industrial products company reported $0.48 earnings per share for the quarter, hitting the consensus estimate of $0.48. Kawasaki Heavy Industries had a net margin of 4.09% and a return on equity of 12.40%. On average, equities analysts predict that Kawasaki Heavy Industries, Ltd. will post 1.52 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.