Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY – Get Free Report)’s stock price dropped 1.8% on Thursday . The company traded as low as $17.77 and last traded at $17.77. Approximately 5,845 shares changed hands during trading, an increase of 427% from the average daily volume of 1,110 shares. The stock had previously closed at $18.10.
Idemitsu Kosan Co.,Ltd. Stock Down 1.8%
The stock’s 50 day moving average is $15.50 and its 200 day moving average is $14.24.
About Idemitsu Kosan Co.,Ltd.
Idemitsu Kosan Co, Ltd. is a Japanese energy company primarily engaged in the refining of crude oil and the production of petroleum products. Established in 1911 by Sazo Idemitsu, the company has grown into one of Japan’s leading refiners, supplying gasoline, diesel, jet fuel and kerosene to both industrial and retail customers. Its core refining operations are supported by a network of domestic refineries that process a wide range of crude oils.
In addition to its downstream refining business, Idemitsu Kosan manufactures petrochemical feedstocks used in the production of plastics, synthetic rubbers and other chemical intermediates.
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