Iochpe-Maxion SA (OTCMKTS:IOCJY – Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,000 shares, a growth of ∞ from the August 15th total of 0 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 293 shares, the days-to-cover ratio is currently 3.4 days.
Iochpe-Maxion Price Performance
Shares of OTCMKTS:IOCJY opened at $0.65 on Tuesday. The company has a current ratio of 1.73, a quick ratio of 1.11 and a debt-to-equity ratio of 1.15. Iochpe-Maxion has a 12 month low of $0.48 and a 12 month high of $0.74. The company has a 50-day moving average price of $0.54 and a 200 day moving average price of $0.55. The company has a market cap of $301.21 million, a price-to-earnings ratio of 16.33 and a beta of 0.66.
Iochpe-Maxion (OTCMKTS:IOCJY – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.02. Iochpe-Maxion had a return on equity of 2.05% and a net margin of 0.63%.The company had revenue of $778.82 million for the quarter, compared to analysts’ expectations of $784.78 million. As a group, equities research analysts predict that Iochpe-Maxion will post 0.09 earnings per share for the current year.
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Iochpe-Maxion Company Profile
Iochpe-Maxion SA is a Brazil-based manufacturer of automotive components, serving vehicle producers and commercial transportation companies worldwide. The company develops and manufactures wheels, structural components, and other assemblies used in passenger vehicles, trucks, buses, trailers, and agricultural and off-highway equipment.
Its operations are organized primarily through Maxion Wheels, which produces steel and aluminum wheels, and Maxion Structural Components, which manufactures chassis and structural parts.
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