Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY – Get Free Report)’s stock price shot up 9.1% on Monday . The stock traded as high as $16.50 and last traded at $16.50. Approximately 110 shares changed hands during trading, a decline of 97% from the average session volume of 3,360 shares. The stock had previously closed at $15.13.
Analysts Set New Price Targets
Separately, Zacks Research upgraded shares of Idemitsu Kosan Co.,Ltd. to a “hold” rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Idemitsu Kosan Co.,Ltd. currently has an average rating of “Hold”.
View Our Latest Stock Analysis on IDKOY
Idemitsu Kosan Co.,Ltd. Price 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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