IHI (OTCMKTS:IHICY) Shares Down 6.3% – What’s Next?

Ihi Corp (OTCMKTS:IHICY – Get Free Report)’s stock price fell 6.3% on Tuesday. The stock traded as low as $15.22 and last traded at $15.22. Approximately 2,311,174 shares changed hands during trading, an increase of 1,915% from the average session volume of 114,722 shares. The stock had previously closed at $16.25.

IHI Stock Performance

The company has a debt-to-equity ratio of 0.48, a current ratio of 1.26 and a quick ratio of 0.79. The company’s 50 day moving average is $17.17 and its 200 day moving average is $17.57.

IHI (OTCMKTS:IHICY – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.32 earnings per share for the quarter. The business had revenue of $2.35 billion during the quarter.

About IHI

(Get Free Report)

IHI Corporation is a Japanese heavy-industry company that develops and manufactures equipment and systems for the aerospace, energy, industrial, and infrastructure markets. Its businesses include aircraft engines, rocket and space systems, energy-related equipment, industrial machinery, and infrastructure solutions.

The company serves customers in Japan and international markets through a range of products and services, including power-generation systems, environmental technologies, transportation and logistics equipment, bridges, and other large-scale infrastructure.

Further Reading

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