Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY – Get Free Report)’s stock price fell 10% during trading on Monday . The stock traded as low as $15.6436 and last traded at $15.6436. Approximately 139 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 3,374 shares. The stock had previously closed at $17.39.
Analyst Ratings Changes
Separately, Zacks Research raised shares of Idemitsu Kosan Co.,Ltd. to a “hold” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.
Check Out Our Latest Analysis on Idemitsu Kosan Co.,Ltd.
Idemitsu Kosan Co.,Ltd. Stock Down 10.0%
Idemitsu Kosan Co.,Ltd. Company Profile
Idemitsu Kosan Co, Ltd. is a Japanese energy company primarily engaged in the refining of crude oil and the production of petroleum products. Established in 1911 by Sazo Idemitsu, the company has grown into one of Japan’s leading refiners, supplying gasoline, diesel, jet fuel and kerosene to both industrial and retail customers. Its core refining operations are supported by a network of domestic refineries that process a wide range of crude oils.
In addition to its downstream refining business, Idemitsu Kosan manufactures petrochemical feedstocks used in the production of plastics, synthetic rubbers and other chemical intermediates.
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