Iochpe-Maxion (IOCJY) Projected to Post Quarterly Earnings on Thursday

Iochpe-Maxion (OTCMKTS:IOCJY) is expected to be issuing its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.0149 per share and revenue of $671.6830 million for the quarter.

Iochpe-Maxion Price Performance

Shares of OTCMKTS:IOCJY opened at $0.60 on Tuesday. The company has a quick ratio of 1.06, a current ratio of 1.74 and a debt-to-equity ratio of 1.12. The company has a market capitalization of $278.08 million, a P/E ratio of 8.61 and a beta of 0.56. Iochpe-Maxion has a 52-week low of $0.50 and a 52-week high of $0.95. The stock’s fifty day simple moving average is $0.60 and its 200-day simple moving average is $0.68.

Analysts Set New Price Targets

Separately, Zacks Research raised Iochpe-Maxion to a “hold” rating in a research report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Iochpe-Maxion Company Profile

Iochpe-Maxion SA (OTCMKTS:IOCJY) is a global supplier of automotive wheels and structural components, serving major original equipment manufacturers in the passenger, light truck and commercial vehicle segments. The company’s expertise spans the design, engineering and production of both steel and aluminum wheels, as well as complex chassis and body structural assemblies.

Operations are organized into two primary divisions: Maxion Wheels and Maxion Structural Components. The wheels segment produces a broad range of products including stamped and forged steel wheels and aluminum cast wheels for cars, SUVs, light trucks, commercial trucks and trailers.