IHI (OTCMKTS:IHICY) Stock Price Up 5% - Time to Buy?

Key Points

• The stock price of IHI Corporation (OTCMKTS:IHICY) increased by 5%, reaching $28.13 during trading, despite a significant decline in volume, with only 438 shares changing hands.
• IHI reported a net margin of 6.50% and a return on equity of 21.69%, along with earnings results showing an EPS of $0.13, missing the consensus estimate by $0.07.
• The company has a market capitalization of $17.97 billion and a P/E ratio of 25.59, indicating potential investment metrics for consideration.

IHI CORP (OTCMKTS:IHICY - Get Free Report) rose 5% during trading on Tuesday . The stock traded as high as $28.13 and last traded at $28.13. Approximately 438 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 15,302 shares. The stock had previously closed at $26.79.

IHI Price Performance

The stock has a market cap of $17.97 billion, a P/E ratio of 25.59 and a beta of 0.79. The company has a 50 day simple moving average of $27.31 and a 200 day simple moving average of $23.12. The company has a current ratio of 1.15, a quick ratio of 0.71 and a debt-to-equity ratio of 0.70.

IHI (OTCMKTS:IHICY - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.07). IHI had a net margin of 6.50% and a return on equity of 21.69%.

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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