IHI (OTCMKTS:IHICY) Sees Large Volume Increase – Here’s What Happened

Ihi Corp (OTCMKTS:IHICYGet Free Report) shares saw strong trading volume on Thursday . 372,502 shares were traded during trading, an increase of 239% from the previous session’s volume of 110,013 shares.The stock last traded at $16.79 and had previously closed at $16.63.

IHI Trading Down 2.9%

The company’s 50-day moving average is $17.64 and its 200 day moving average is $20.73. The company has a current ratio of 1.23, a quick ratio of 0.74 and a debt-to-equity ratio of 0.54. The firm has a market cap of $18.13 billion, a PE ratio of 18.01 and a beta of 0.62.

IHI (OTCMKTS:IHICYGet Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.46 earnings per share for the quarter. The firm had revenue of $3.28 billion for the quarter.

About IHI

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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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