Short Interest in Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) Declines By 14.6%

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 4,100 shares, a drop of 14.6% from the December 31st total of 4,800 shares. Based on an average daily trading volume, of 8,700 shares, the days-to-cover ratio is presently 0.5 days.

Kawasaki Heavy Industries Trading Up 0.9 %

Shares of KWHIY traded up $0.16 during trading hours on Friday, hitting $17.71. The company had a trading volume of 5,025 shares, compared to its average volume of 10,866. The firm has a market cap of $7.42 billion, a P/E ratio of 17.71 and a beta of 0.93. Kawasaki Heavy Industries has a 52-week low of $8.98 and a 52-week high of $18.75. The stock’s 50 day moving average price is $17.29 and its 200 day moving average price is $15.80. The company has a quick ratio of 0.60, a current ratio of 1.08 and a debt-to-equity ratio of 0.52.

Kawasaki Heavy Industries (OTCMKTS:KWHIY) last posted its earnings results on Friday, November 8th. The industrial products company reported ($0.03) earnings per share (EPS) for the quarter. Kawasaki Heavy Industries had a return on equity of 9.62% and a net margin of 3.17%. The business had revenue of $2.96 billion during the quarter. On average, research analysts predict that Kawasaki Heavy Industries will post 1.52 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.