IHI (OTCMKTS:IHICY) Issues Quarterly Earnings Results

IHI (OTCMKTS:IHICY) announced its quarterly earnings data on Thursday. The company reported $0.46 EPS for the quarter, Zacks reports. The company had revenue of $3.28 billion during the quarter.

IHI Stock Performance

IHICY stock traded up $0.01 during mid-day trading on Friday, hitting $16.96. The company had a trading volume of 30,403 shares, compared to its average volume of 105,178. The firm has a market cap of $18.36 billion, a PE ratio of 24.23 and a beta of 0.66. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.74 and a current ratio of 1.17. IHI has a 12 month low of $12.77 and a 12 month high of $30.47. The stock’s fifty day moving average price is $21.03 and its two-hundred day moving average price is $21.25.

Analyst Ratings Changes

Separately, Zacks Research raised shares of IHI from a “strong sell” rating to a “hold” rating in a research report on Friday, February 20th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

IHI Company Profile

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.