IHI (OTCMKTS:IHICY) Shares Gap Up – Time to Buy?

Ihi Corp (OTCMKTS:IHICYGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $17.23, but opened at $18.61. IHI shares last traded at $18.67, with a volume of 1,539 shares.

IHI Price Performance

The company has a quick ratio of 0.81, a current ratio of 1.23 and a debt-to-equity ratio of 0.54. The stock’s 50-day moving average price is $17.19 and its 200-day moving average price is $20.16. The company has a market capitalization of $20.49 billion, a price-to-earnings ratio of 18.37 and a beta of 0.65.

IHI (OTCMKTS:IHICYGet Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.32 earnings per share 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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