Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY – Get Free Report) shares were up 4.6% on Monday . The stock traded as high as $18.1720 and last traded at $18.1720. Approximately 566 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 3,240 shares. The stock had previously closed at $17.3750.
Idemitsu Kosan Co.,Ltd. Stock Performance
The stock’s 50-day moving average is $16.00 and its 200-day moving average is $17.44.
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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