IHI (OTCMKTS:IHICY) Shares Gap Down – Time to Sell?

Ihi Corp (OTCMKTS:IHICY – Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $15.4040, but opened at $14.50. IHI shares last traded at $14.50, with a volume of 6,667 shares trading hands.

IHI Stock Performance

The company has a market cap of $15.55 billion, a price-to-earnings ratio of 12.49 and a beta of 0.75. The company has a current ratio of 1.26, a quick ratio of 0.79 and a debt-to-equity ratio of 0.48. The stock’s fifty day simple moving average is $16.47 and its 200 day simple moving average is $19.02.

IHI Company Profile

(Get Free Report)

IHI Corporation is a Japanese engineering and manufacturing company headquartered in Tokyo. Its history dates to the founding of Ishikawajima Shipyard in 1853. The company was formed through the 1960 merger of Ishikawajima Heavy Industries and Harima Shipbuilding & Engineering, and adopted the name IHI Corporation in 2007. IHI designs and supplies equipment and systems for energy and industrial applications, including boilers, turbines, compressors and machinery for plants. It also works on infrastructure such as bridges and other large structures, as well as transportation and industrial systems.

Further Reading

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