Iochpe-Maxion (OTCMKTS:IOCJY) Trading Down 10.7% – Should You Sell?

Shares of Iochpe-Maxion SA (OTCMKTS:IOCJYGet Free Report) traded down 10.7% on Wednesday . The stock traded as low as $0.6093 and last traded at $0.6093. 500 shares were traded during trading, The stock had previously closed at $0.6825.

Iochpe-Maxion Price Performance

The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.07 and a current ratio of 1.78. The company has a market cap of $280.98 million, a P/E ratio of 20.32 and a beta of 0.65. The firm has a 50 day moving average price of $0.53 and a two-hundred day moving average price of $0.57.

Iochpe-Maxion Company Profile

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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.

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