IHI (OTCMKTS:IHICY) Shares Gap Down – What’s Next?

Ihi Corp (OTCMKTS:IHICYGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $18.41, but opened at $17.78. IHI shares last traded at $17.69, with a volume of 6,148 shares traded.

IHI Stock Down 4.5%

The stock has a market cap of $19.05 billion, a PE ratio of 17.08 and a beta of 0.65. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.23 and a quick ratio of 0.81. The company has a 50 day moving average price of $17.32 and a two-hundred day moving average price of $20.08.

IHI (OTCMKTS:IHICYGet Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.32 earnings per share for the quarter. The business had revenue of $2.35 billion during the quarter.

IHI Company Profile

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IHI Corporation (OTCMKTS: IHICY) is a Japanese engineering and industrial conglomerate originally known as Ishikawajima?Harima Heavy Industries. Headquartered in Tokyo, the company designs, manufactures and services a broad range of heavy machinery, equipment and integrated systems for industrial and infrastructure markets. Its securities are available to international investors through American depositary receipts that trade over the counter under the symbol IHICY.

IHI’s principal activities span several sectors, including aerospace, energy and industrial machinery.

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