IHI (OTCMKTS:IHICY) Hits New 52-Week High – What’s Next?

IHI Co. (OTCMKTS:IHICY) reached a new 52-week high during trading on Thursday . The company traded as high as $16.03 and last traded at $16.03, with a volume of 1270 shares. The stock had previously closed at $15.00.

IHI Stock Up 6.9 %

The company’s 50 day moving average is $13.11 and its 200 day moving average is $12.01. The company has a market cap of $9.70 billion, a PE ratio of 13.36 and a beta of 0.24. The company has a current ratio of 1.16, a quick ratio of 0.70 and a debt-to-equity ratio of 0.82.

IHI (OTCMKTS:IHICY) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.23 earnings per share (EPS) for the quarter. The business had revenue of $2.75 billion for the quarter. IHI had a return on equity of 27.10% and a net margin of 6.77%. As a group, analysts predict 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.