Ihi Corp (OTCMKTS:IHICY – Get Free Report) shares saw strong trading volume on Wednesday. Approximately 468,934 shares traded hands during mid-day trading, an increase of 170% from the average daily volume of 173,628 shares. The stock last traded at $15.5850 and had previously closed at $15.24.
IHI Stock Performance
The stock’s 50-day moving average price is $16.47 and its 200 day moving average price is $19.02. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.48. The company has a market cap of $15.59 billion, a P/E ratio of 12.52 and a beta of 0.75.
About IHI
IHI Corporation is a Japanese engineering and manufacturing company headquartered in Tokyo. Its history dates to the founding of Ishikawajima Shipyard in 1853. The company was formed through the 1960 merger of Ishikawajima Heavy Industries and Harima Shipbuilding & Engineering, and adopted the name IHI Corporation in 2007. IHI designs and supplies equipment and systems for energy and industrial applications, including boilers, turbines, compressors and machinery for plants. It also works on infrastructure such as bridges and other large structures, as well as transportation and industrial systems.
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