IHI (OTCMKTS:IHICY) Hits New 1-Year High – What’s Next?

IHI Co. (OTCMKTS:IHICY) reached a new 52-week high during trading on Thursday . The company traded as high as $16.03 and last traded at $16.03, with a volume of 1270 shares traded. The stock had previously closed at $15.00.

IHI Price Performance

The company has a current ratio of 1.16, a quick ratio of 0.70 and a debt-to-equity ratio of 0.82. The company has a fifty day moving average price of $13.21 and a two-hundred day moving average price of $12.08. The firm has a market cap of $8.95 billion, a P/E ratio of 12.32 and a beta of 0.24.

IHI (OTCMKTS:IHICY) last issued its quarterly earnings data on Friday, February 7th. The company reported $0.41 EPS for the quarter. IHI had a net margin of 6.77% and a return on equity of 27.10%. Equities analysts anticipate that IHI Co. will post 1.09 earnings per share for the current year.

About IHI

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.