Idemitsu Kosan Co.,Ltd. (OTCMKTS:IDKOY – Get Free Report) shot up 13.2% during trading on Tuesday . The company traded as high as $20.7750 and last traded at $20.7750. 283 shares were traded during trading, a decline of 91% from the average daily volume of 3,320 shares. The stock had previously closed at $18.36.
Idemitsu Kosan Co.,Ltd. Price Performance
The company has a 50-day moving average of $16.41 and a 200-day moving average of $17.43.
Idemitsu Kosan Co.,Ltd. Company Profile
Idemitsu Kosan Co, Ltd. is a Japanese energy company primarily engaged in the refining of crude oil and the production of petroleum products. Established in 1911 by Sazo Idemitsu, the company has grown into one of Japan’s leading refiners, supplying gasoline, diesel, jet fuel and kerosene to both industrial and retail customers. Its core refining operations are supported by a network of domestic refineries that process a wide range of crude oils.
In addition to its downstream refining business, Idemitsu Kosan manufactures petrochemical feedstocks used in the production of plastics, synthetic rubbers and other chemical intermediates.
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