Shares of Ihi Corp (OTCMKTS:IHICY – Get Free Report) gapped down prior to trading 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 firm’s 50 day moving average is $16.42 and its two-hundred day moving average is $18.98. The stock has a market capitalization of $15.68 billion, a PE ratio of 12.59 and a beta of 0.75. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.79 and a current ratio of 1.26.
About IHI
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.
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