IHI (OTCMKTS:IHICY) Hits New 52-Week High – Time to Buy?

IHI Co. (OTCMKTS:IHICY)’s share price 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 Trading Down 7.8 %

The stock has a market cap of $8.95 billion, a price-to-earnings ratio of 12.32 and a beta of 0.24. The business has a 50-day simple moving average of $13.21 and a two-hundred day simple moving average of $12.08. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.16 and a quick ratio of 0.70.

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