Shares of Ihi Corp (OTCMKTS:IHICY – Get Free Report) dropped 6.3% during trading on Tuesday. The company traded as low as $15.22 and last traded at $15.22. Approximately 2,311,174 shares traded hands during mid-day trading, an increase of 1,915% from the average daily volume of 114,722 shares. The stock had previously closed at $16.25.
IHI Stock Down 2.2%
The company has a debt-to-equity ratio of 0.48, a current ratio of 1.26 and a quick ratio of 0.79. The firm has a market capitalization of $17.21 billion, a price-to-earnings ratio of 15.43 and a beta of 0.68. The business has a fifty day moving average price of $17.25 and a two-hundred day moving average price of $17.65.
IHI (OTCMKTS:IHICY – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.32 EPS for the quarter. The business had revenue of $2.35 billion for the quarter.
About IHI
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.
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