IHI (OTCMKTS:IHICY) Hits New 52-Week High – Should You Buy?

IHI Co. (OTCMKTS:IHICY)’s share price reached a new 52-week high on Monday . The company traded as high as $23.79 and last traded at $22.72, with a volume of 2656 shares traded. The stock had previously closed at $21.43.

IHI Stock Up 6.0%

The company has a market capitalization of $13.76 billion, a price-to-earnings ratio of 17.48 and a beta of 0.64. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.70 and a current ratio of 1.16. The business has a 50-day simple moving average of $18.58 and a two-hundred day simple moving average of $15.56.

IHI (OTCMKTS:IHICY) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.39 earnings per share for the quarter. IHI had a return on equity of 28.02% and a net margin of 7.37%.

IHI Company Profile

IHI Corporation designs and builds engineering solutions in Japan and internationally. The company operates through four segments: Resources, Energy and Environment; Social Infrastructure; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense. The company engages in the manufacturing, sale, and provision of services related to power systems plants for land use and power systems for chips; carbon solutions comprising boilers and storage facilities; components for nuclear power plants; bridges and water gates, transport systems, shield systems, and concrete construction materials; vehicular turbochargers, parking, heat treatment and surface engineering; transport machineries; logistics and industrial systems; and rotating machineries comprising compressors, separation systems, and turbochargers for ships.