Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY – Get Free Report) rose 5.3% during mid-day trading on Tuesday. The stock traded as high as $20.00 and last traded at $20.00. Approximately 100 shares were traded during mid-day trading, a decline of 97% from the average session volume of 3,090 shares. The stock had previously closed at $18.99.
Idemitsu Kosan Co.,Ltd. Stock Up 5.3%
The stock has a fifty day moving average of $18.80 and a 200-day moving average of $17.75.
About Idemitsu Kosan Co.,Ltd.
Idemitsu Kosan Co, Ltd. is a Japan-based integrated energy and materials company engaged in the production, processing, distribution and sale of petroleum and petrochemical products. Its operations include crude oil refining, fuel marketing, lubricants, oil products for industrial and transportation uses, and chemicals used in manufacturing.
The company also develops and supplies functional materials, including products for electronics and other advanced applications. In addition, Idemitsu Kosan has businesses related to power generation, renewable energy and energy-transition technologies, reflecting its efforts to expand beyond conventional fossil fuels.
Founded in 1911 by Sazo Idemitsu, the company has grown from a petroleum distributor into a diversified energy group serving customers in Japan and international markets.
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