Ihi Corp (OTCMKTS:IHICY – Get Free Report) saw strong trading volume on Wednesday. 468,934 shares changed hands during mid-day trading, an increase of 170% from the average daily volume of 173,628 shares. The stock last traded at $15.5850 and had previously closed at $15.24.
IHI Price Performance
The firm’s fifty day simple moving average is $16.51 and its 200 day simple moving average is $19.09. The firm has a market cap of $16.87 billion, a P/E ratio of 13.55 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.
IHI Company Profile
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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