IHI (OTCMKTS:IHICY) Shares Gap Down – Should You Sell?

Ihi Corp (OTCMKTS:IHICYGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $18.41, but opened at $17.78. IHI shares last traded at $17.69, with a volume of 6,148 shares changing hands.

IHI Price Performance

The company has a quick ratio of 0.81, a current ratio of 1.23 and a debt-to-equity ratio of 0.54. The stock has a market cap of $19.05 billion, a P/E ratio of 17.08 and a beta of 0.65. The firm has a 50 day moving average price of $17.32 and a 200 day moving average price of $20.08.

IHI (OTCMKTS:IHICYGet Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.32 EPS for the quarter. The firm had revenue of $2.35 billion for the quarter.

IHI Company Profile

(Get Free Report)

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.

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