IHI (OTCMKTS:IHICY) Shares Gap Down – Should You Sell?
by Scott Moore · The Cerbat GemIhi Corp (OTCMKTS:IHICY – Get Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $18.41, but opened at $17.78. IHI shares last traded at $17.69, with a volume of 6,148 shares changing hands.
IHI Stock Performance
The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.81 and a current ratio of 1.23. The stock has a 50 day moving average of $17.41 and a 200 day moving average of $19.99. The stock has a market capitalization of $18.50 billion, a P/E ratio of 16.59 and a beta of 0.65.
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.
About IHI
IHI Corporation (OTCMKTS: IHICY) is a Japanese engineering and industrial conglomerate originally known as Ishikawajima‑Harima Heavy Industries. Headquartered in Tokyo, the company designs, manufactures and services a broad range of heavy machinery, equipment and integrated systems for industrial and infrastructure markets. Its securities are available to international investors through American depositary receipts that trade over the counter under the symbol IHICY.
IHI’s principal activities span several sectors, including aerospace, energy and industrial machinery.