IHI (OTCMKTS:IHICY) Reaches New 12-Month High – Time to Buy?

Shares of IHI Co. (OTCMKTS:IHICY) hit a new 52-week high during trading on Thursday . The stock traded as high as $15.75 and last traded at $15.68, with a volume of 2170 shares changing hands. The stock had previously closed at $15.17.

IHI Trading Up 3.3 %

The company has a debt-to-equity ratio of 0.89, a current ratio of 1.16 and a quick ratio of 0.72. The firm has a market capitalization of $9.70 billion, a P/E ratio of -22.64 and a beta of 0.22. The firm has a fifty day simple moving average of $12.14 and a two-hundred day simple moving average of $8.86.

IHI (OTCMKTS:IHICY) last issued its quarterly 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 anticipate that IHI Co. will post 1.09 earnings per share for the current fiscal year.

IHI Company Profile

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.