IHI (OTCMKTS:IHICY – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.32 earnings per share for the quarter, Zacks reports.
IHI Stock Down 8.6%
Shares of IHICY traded down $1.60 during trading hours on Wednesday, hitting $16.95. 37,582 shares of the company were exchanged, compared to its average volume of 112,064. The firm’s 50 day moving average is $17.00 and its 200-day moving average is $20.41. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.81 and a current ratio of 1.23. IHI has a 52 week low of $12.79 and a 52 week high of $30.47. The company has a market cap of $18.35 billion, a PE ratio of 18.23 and a beta of 0.65.
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.
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