Kawasaki Heavy Industries, Ltd. (OTCMKTS:KWHIY – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 39,400 shares, an increase of 130.4% from the September 30th total of 17,100 shares. Based on an average daily volume of 22,100 shares, the short-interest ratio is currently 1.8 days.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group raised Kawasaki Heavy Industries to a “strong-buy” rating in a research report on Thursday, September 12th.
Get Our Latest Stock Report on Kawasaki Heavy Industries
Kawasaki Heavy Industries Trading Down 0.8 %
Kawasaki Heavy Industries (OTCMKTS:KWHIY – Get Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The industrial products company reported $0.24 EPS for the quarter. The company had revenue of $2.85 billion during the quarter. Kawasaki Heavy Industries had a net margin of 1.60% and a return on equity of 4.81%. On average, equities research analysts forecast 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.
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