Kawasaki Heavy Industries (OTCMKTS:KWHIY) Hits New 52-Week High – Here’s What Happened

Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $18.75 and last traded at $18.67, with a volume of 6321 shares trading hands. The stock had previously closed at $18.70.

Wall Street Analysts Forecast Growth

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

Kawasaki Heavy Industries Stock Down 0.1 %

The business has a 50 day moving average price of $16.49 and a 200 day moving average price of $15.31. The stock has a market cap of $7.84 billion, a PE ratio of 18.67 and a beta of 0.97. The company has a quick ratio of 0.63, a current ratio of 1.08 and a debt-to-equity ratio of 0.52.

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.