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

Shares of Ihi Corp (OTCMKTS:IHICYGet Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $16.83, but opened at $18.3250. IHI shares last traded at $18.49, with a volume of 425 shares changing hands.

IHI Stock Performance

The firm has a market capitalization of $19.48 billion, a price-to-earnings ratio of 17.47 and a beta of 0.65. The firm has a 50 day moving average price of $17.34 and a 200-day moving average price of $19.12. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.23 and a quick ratio of 0.81.

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

About IHI

(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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