IHI (OTCMKTS:IHICY) Stock Price Down 3.4% – What’s Next?

Ihi Corp (OTCMKTS:IHICYGet Free Report) traded down 3.4% on Thursday . The stock traded as low as $17.62 and last traded at $17.88. 950 shares changed hands during trading, a decline of 96% from the average session volume of 24,746 shares. The stock had previously closed at $18.51.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded IHI from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on IHI

IHI Trading Up 0.8%

The company has a market capitalization of $19.23 billion, a P/E ratio of 26.80 and a beta of 0.75. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.71 and a current ratio of 1.15. The stock has a fifty day moving average of $19.34 and a 200 day moving average of $24.25.

IHI Company Profile

(Get Free Report)

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.

Further Reading

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