Iochpe-Maxion (IOCJY) Expected to Announce Quarterly Earnings on Thursday

Iochpe-Maxion (OTCMKTS:IOCJY - Get Free Report) will likely be announcing its earnings results on Thursday, May 8th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $3.92 billion for the quarter.

Iochpe-Maxion Price Performance

Shares of OTCMKTS IOCJY remained flat at $0.50 during mid-day trading on Friday. The company has a quick ratio of 1.05, a current ratio of 1.56 and a debt-to-equity ratio of 1.12. The business's 50 day moving average is $0.52 and its 200 day moving average is $0.53. Iochpe-Maxion has a 52-week low of $0.46 and a 52-week high of $1.20. The stock has a market cap of $230.58 million, a PE ratio of 6.25 and a beta of 1.00.

Iochpe-Maxion Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 9th. Stockholders of record on Monday, March 10th were paid a $0.0089 dividend. The ex-dividend date of this dividend was Monday, March 10th. Iochpe-Maxion's dividend payout ratio is 22.22%.

Iochpe-Maxion Company Profile

Iochpe-Maxion SA produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally. It operates in two divisions, Maxion Wheels and Maxion Structural Components. The company offers heavy steel wheels; light steel wheels for automobiles, pick-ups, and SUVs, as well as light and medium commercial vehicles; wheels for agricultural machinery; and light aluminum wheels for automobiles.