IHI (OTCMKTS:IHICY) Shares Gap Down - What's Next?

Ihi Corp (OTCMKTS:IHICY - Get Free Report)'s share price gapped down before the market opened on Wednesday . The stock had previously closed at $28.10, but opened at $26.85. IHI shares last traded at $26.89, with a volume of 180,334 shares.

IHI Trading Down 3.3%

The business has a 50 day simple moving average of $22.22 and a 200-day simple moving average of $17.33. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.77 and a current ratio of 1.16. The stock has a market capitalization of $16.44 billion, a P/E ratio of 22.08 and a beta of 0.71.

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

IHI Company Profile

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.

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