IHI (OTCMKTS:IHICY) Stock Price Down 5.8% – Time to Sell?

IHI Co. (OTCMKTS:IHICY)’s stock price dropped 5.8% during trading on Monday . The company traded as low as $15.01 and last traded at $15.97. Approximately 923,171 shares traded hands during mid-day trading, an increase of 2,803% from the average daily volume of 31,799 shares. The stock had previously closed at $16.96.

IHI Trading Down 5.8 %

The firm has a 50 day moving average of $16.13 and a 200 day moving average of $14.21. The firm has a market cap of $9.67 billion, a PE ratio of 12.28 and a beta of 0.15. The company has a quick ratio of 0.70, a current ratio of 1.16 and a debt-to-equity ratio of 0.82.

IHI (OTCMKTS:IHICY) last issued its quarterly earnings results on Friday, February 7th. The company reported $0.41 EPS for the quarter. IHI had a return on equity of 28.02% and a net margin of 7.37%.

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.