IHI (OTCMKTS:IHICY – Get Free Report) posted its earnings results on Thursday. The company reported $0.46 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $3.28 billion for the quarter.
IHI Price Performance
OTCMKTS IHICY traded down $0.03 during trading hours on Friday, reaching $16.92. 40,561 shares of the stock traded hands, compared to its average volume of 134,846. The stock has a 50 day simple moving average of $20.85 and a two-hundred day simple moving average of $21.22. IHI has a 1 year low of $12.77 and a 1 year high of $30.47. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.17 and a quick ratio of 0.74. The company has a market cap of $18.32 billion, a price-to-earnings ratio of 24.17 and a beta of 0.66.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded IHI from a “strong sell” rating to a “hold” rating in a research report on Friday, February 20th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.
About IHI
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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