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IHI (OTCMKTS:IHICY) Shares Gap Down - Should You Sell?

IHI logo with Industrials background

Shares of Ihi Corp (OTCMKTS:IHICY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $27.70, but opened at $26.50. IHI shares last traded at $28.60, with a volume of 733 shares trading hands.

IHI Stock Performance

The company has a market capitalization of $17.32 billion, a PE ratio of 23.25 and a beta of 0.71. The stock's fifty day simple moving average is $23.19 and its 200-day simple moving average is $17.81. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.77 and a current ratio of 1.16.

IHI (OTCMKTS:IHICY - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.39 earnings per share for the quarter. IHI had a return on equity of 24.47% and a net margin of 6.93%.

About IHI

(Get Free Report)

IHI Corporation designs and builds engineering solutions in Japan and internationally. The company operates through four segments: Resources, Energy and Environment; Social Infrastructure; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense. The company engages in the manufacturing, sale, and provision of services related to power systems plants for land use and power systems for chips; carbon solutions comprising boilers and storage facilities; components for nuclear power plants; bridges and water gates, transport systems, shield systems, and concrete construction materials; vehicular turbochargers, parking, heat treatment and surface engineering; transport machineries; logistics and industrial systems; and rotating machineries comprising compressors, separation systems, and turbochargers for ships.

Further Reading

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