IHI (OTCMKTS:IHICY) Shares Gap Up – Time to Buy?

Ihi Corp (OTCMKTS:IHICYGet Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $16.69, but opened at $17.61. IHI shares last traded at $17.54, with a volume of 1,498 shares changing hands.

IHI Stock Performance

The stock has a market cap of $18.79 billion, a P/E ratio of 18.66 and a beta of 0.64. The firm’s fifty day moving average price is $17.22 and its two-hundred day moving average price is $20.61. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.23 and a quick ratio of 0.81.

IHI (OTCMKTS:IHICYGet Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.46 earnings per share (EPS) for the quarter. The business had revenue of $3.28 billion during the quarter.

IHI Company Profile

(Get Free Report)

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.

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