IHI (OTCMKTS:IHICY) Sets New 1-Year Low – Here’s Why

Ihi Corp (OTCMKTS:IHICY – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday. The company traded as low as $14.63 and last traded at $14.6550, with a volume of 117,652 shares trading hands. The stock had previously closed at $14.96.

IHI Stock Down 3.1%

The company has a market capitalization of $15.69 billion, a P/E ratio of 14.07 and a beta of 0.68. The company has a 50 day simple moving average of $16.83 and a two-hundred day simple moving average of $19.38. The company has a quick ratio of 0.79, a current ratio of 1.26 and a debt-to-equity ratio of 0.48.

IHI (OTCMKTS:IHICY – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.32 earnings per share (EPS) for the quarter. The company had revenue of $2.35 billion during the quarter.

IHI Company Profile

(Get Free Report)

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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