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Iochpe-Maxion (OTCMKTS:IOCJY) Shares Up 56.9% - Should You Buy?

Iochpe-Maxion logo with Auto/Tires/Trucks background

Iochpe-Maxion SA (OTCMKTS:IOCJY - Get Free Report)'s stock price shot up 56.9% during mid-day trading on Monday . The company traded as high as $0.78 and last traded at $0.78. 3,500 shares changed hands during trading, an increase of 1,900% from the average session volume of 175 shares. The stock had previously closed at $0.50.

Iochpe-Maxion Stock Performance

The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.04 and a current ratio of 1.61. The company has a market capitalization of $361.73 million, a PE ratio of 8.72 and a beta of 1.05. The company has a 50 day moving average price of $0.55 and a 200 day moving average price of $0.55.

About Iochpe-Maxion

(Get Free Report)

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.

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