IHI (OTCMKTS:IHICY) Sets New 52-Week High – Should You Buy?

IHI Co. (OTCMKTS:IHICY) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $20.65 and last traded at $20.65, with a volume of 790 shares changing hands. The stock had previously closed at $15.27.

IHI Trading Up 35.2 %

The company’s 50-day moving average price is $14.40 and its 200-day moving average price is $13.34. The firm has a market cap of $12.50 billion, a price-to-earnings ratio of 15.88 and a beta of 0.25. The company has a quick ratio of 0.70, a current ratio of 1.16 and a debt-to-equity ratio of 0.82.

IHI (OTCMKTS:IHICY) last posted its quarterly earnings results on Friday, February 7th. The company reported $0.41 earnings per share for the quarter. IHI had a net margin of 7.37% and a return on equity of 28.02%.

About IHI

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.