Iochpe-Maxion (OTCMKTS:IOCJY) Trading Down 10.7% – Here’s Why

Shares of Iochpe-Maxion SA (OTCMKTS:IOCJYGet Free Report) fell 10.7% during trading on Wednesday . The stock traded as low as $0.6093 and last traded at $0.6093. 500 shares traded hands during trading, The stock had previously closed at $0.6825.

Iochpe-Maxion Stock Performance

The stock has a market cap of $280.98 million, a P/E ratio of 20.32 and a beta of 0.65. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.78 and a quick ratio of 1.07. The stock’s 50 day simple moving average is $0.53 and its two-hundred day simple moving average is $0.57.

Iochpe-Maxion Company Profile

(Get Free Report)

Iochpe-Maxion SA (OTCMKTS:IOCJY) is a global supplier of automotive wheels and structural components, serving major original equipment manufacturers in the passenger, light truck and commercial vehicle segments. The company’s expertise spans the design, engineering and production of both steel and aluminum wheels, as well as complex chassis and body structural assemblies.

Operations are organized into two primary divisions: Maxion Wheels and Maxion Structural Components. The wheels segment produces a broad range of products including stamped and forged steel wheels and aluminum cast wheels for cars, SUVs, light trucks, commercial trucks and trailers.

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