IHI (OTCMKTS:IHICY) Shares Gap Down – Here’s Why

Ihi Corp (OTCMKTS:IHICYGet Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $18.55, but opened at $17.20. IHI shares last traded at $17.10, with a volume of 25,333 shares traded.

IHI Price Performance

The firm has a market cap of $18.36 billion, a PE ratio of 18.23 and a beta of 0.65. The stock has a 50 day simple moving average of $17.00 and a two-hundred day simple moving average of $20.41. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.81 and a current ratio of 1.23.

IHI (OTCMKTS:IHICYGet Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.32 EPS for the quarter.

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.

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