Shares of Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY – Get Free Report) saw strong trading volume on Monday . 6,575 shares changed hands during mid-day trading, an increase of 91% from the previous session’s volume of 3,446 shares.The stock last traded at $16.90 and had previously closed at $17.69.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded Idemitsu Kosan Co.,Ltd. to a “hold” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Idemitsu Kosan Co.,Ltd. currently has a consensus rating of “Hold”.
Read Our Latest Analysis on IDKOY
Idemitsu Kosan Co.,Ltd. Stock Performance
Idemitsu Kosan Co.,Ltd. Company Profile
Idemitsu Kosan Co, Ltd. is a Japanese energy company primarily engaged in the refining of crude oil and the production of petroleum products. Established in 1911 by Sazo Idemitsu, the company has grown into one of Japan’s leading refiners, supplying gasoline, diesel, jet fuel and kerosene to both industrial and retail customers. Its core refining operations are supported by a network of domestic refineries that process a wide range of crude oils.
In addition to its downstream refining business, Idemitsu Kosan manufactures petrochemical feedstocks used in the production of plastics, synthetic rubbers and other chemical intermediates.
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