IHI (OTCMKTS:IHICY) Sets New 1-Year High - Here's Why

IHI Co. (OTCMKTS:IHICY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $14.00 and last traded at $14.00, with a volume of 515 shares traded. The stock had previously closed at $13.50.

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IHI Trading Up 3.7 %

The firm has a market capitalization of $8.66 billion, a P/E ratio of -16.88 and a beta of 0.22. The company has a current ratio of 1.16, a quick ratio of 0.72 and a debt-to-equity ratio of 0.89. The stock has a 50 day simple moving average of $10.65 and a 200-day simple moving average of $8.12.

IHI (OTCMKTS:IHICY - Get Free Report) last announced its earnings results on Tuesday, August 6th. The company reported $0.20 earnings per share (EPS) for the quarter. IHI had a negative net margin of 4.40% and a negative return on equity of 16.01%. The company had revenue of $2.23 billion during the quarter. On average, equities research analysts forecast that IHI Co. will post 0.81 EPS for the current fiscal year.

IHI Company Profile

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IHI Corporation designs and builds engineering solutions in Japan and internationally. The company operates through four segments: Resources, Energy and Environment; Social Infrastructure; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense. The company engages in the manufacturing, sale, and provision of services related to power systems plants for land use and power systems for chips; carbon solutions comprising boilers and storage facilities; components for nuclear power plants; bridges and water gates, transport systems, shield systems, and concrete construction materials; vehicular turbochargers, parking, heat treatment and surface engineering; transport machineries; logistics and industrial systems; and rotating machineries comprising compressors, separation systems, and turbochargers for ships.

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