Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY – Get Free Report)’s stock price fell 5.8% on Tuesday. The company traded as low as $18.83 and last traded at $18.83. Approximately 1,602 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 3,076 shares. The stock had previously closed at $19.99.
Analysts Set New Price Targets
Separately, Zacks Research upgraded shares of Idemitsu Kosan Co.,Ltd. from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 15th. One research analyst has rated the stock with a Strong Buy rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Strong Buy”.
Get Our Latest Report on IDKOY
Idemitsu Kosan Co.,Ltd. Stock Performance
The firm has a 50 day moving average price of $19.78 and a two-hundred day moving average price of $17.94.
Idemitsu Kosan Co.,Ltd. Company Profile
Idemitsu Kosan Co, Ltd. is a Japan-based energy and materials company engaged primarily in the petroleum, chemicals, and energy industries. Its operations include the refining and marketing of crude oil and petroleum products, including gasoline, diesel fuel, kerosene, lubricants, and petrochemical feedstocks. The company serves consumers, businesses, transportation operators, and industrial customers through fuel stations, commercial sales channels, and other distribution networks.
In addition to its petroleum operations, Idemitsu Kosan produces and sells basic chemicals and functional materials used in areas such as electronics, mobility, and industrial manufacturing.
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