IHI (OTCMKTS:IHICY) Sees Strong Trading Volume – Here’s What Happened

Ihi Corp (OTCMKTS:IHICY) saw an uptick in trading volume on Monday. 526,821 shares were traded during trading, an increase of 405% from the previous session’s volume of 104,293 shares. The stock last traded at $16.3432 and had previously closed at $15.32.

IHI Stock Up 2.4%

The business has a 50-day moving average price of $17.27 and a 200 day moving average price of $17.67. The company has a current ratio of 1.26, a quick ratio of 0.79 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $17.56 billion, a P/E ratio of 15.75 and a beta of 0.68.

IHI (OTCMKTS:IHICY) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.32 earnings per share for the quarter. The business had revenue of $2.35 billion during the quarter.

IHI Company Profile

IHI Corporation is a Japanese heavy-industry company that develops and manufactures equipment and systems for the aerospace, energy, industrial, and infrastructure markets. Its businesses include aircraft engines, rocket and space systems, energy-related equipment, industrial machinery, and infrastructure solutions.

The company serves customers in Japan and international markets through a range of products and services, including power-generation systems, environmental technologies, transportation and logistics equipment, bridges, and other large-scale infrastructure.