IHI (OTCMKTS:IHICY) Sets New 12-Month High – Still a Buy?

IHI Co. (OTCMKTS:IHICY)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $14.00 and last traded at $14.00, with a volume of 515 shares changing hands. The stock had previously closed at $13.50.

IHI Stock Up 3.7 %

The company has a debt-to-equity ratio of 0.89, a current ratio of 1.16 and a quick ratio of 0.72. The company has a 50-day moving average price of $10.65 and a 200 day moving average price of $8.12. The firm has a market capitalization of $8.66 billion, a PE ratio of -16.88 and a beta of 0.22.

IHI (OTCMKTS:IHICY) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.20 EPS for the quarter. IHI had a negative return on equity of 16.01% and a negative net margin of 4.40%. The company had revenue of $2.23 billion for the quarter. Analysts forecast that IHI Co. will post 0.81 earnings per share for the current year.

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.