IHI (OTCMKTS:IHICY) Shares Up 9.6% – What’s Next?

Shares of Ihi Corp (OTCMKTS:IHICYGet Free Report) were up 9.6% during mid-day trading on Monday . The company traded as high as $19.3250 and last traded at $19.01. 4,389 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 112,329 shares. The stock had previously closed at $17.35.

IHI Trading Up 9.5%

The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.81 and a current ratio of 1.23. The business has a fifty day simple moving average of $17.22 and a 200 day simple moving average of $20.62. The stock has a market cap of $20.56 billion, a price-to-earnings ratio of 20.42 and a beta of 0.64.

IHI (OTCMKTS:IHICYGet Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.46 earnings per share for the quarter. The company had revenue of $3.28 billion during the quarter.

IHI Company Profile

(Get Free Report)

IHI Corporation (OTCMKTS: IHICY) is a Japanese engineering and industrial conglomerate originally known as Ishikawajima‑Harima Heavy Industries. Headquartered in Tokyo, the company designs, manufactures and services a broad range of heavy machinery, equipment and integrated systems for industrial and infrastructure markets. Its securities are available to international investors through American depositary receipts that trade over the counter under the symbol IHICY.

IHI’s principal activities span several sectors, including aerospace, energy and industrial machinery.

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