IHI (OTCMKTS:IHICY) Hits New 12-Month High – Should You Buy?

Shares of IHI Co. (OTCMKTS:IHICY) hit a new 52-week high during mid-day 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 Up 6.9 %

The stock has a 50-day simple moving average of $13.11 and a 200 day simple moving average of $12.01. 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 market cap of $9.70 billion, a price-to-earnings ratio of 13.36 and a beta of 0.24.

IHI (OTCMKTS:IHICY) last released its earnings results on Wednesday, November 6th. The company reported $0.23 EPS for the quarter. IHI had a return on equity of 27.10% and a net margin of 6.77%. The firm had revenue of $2.75 billion during the quarter. As a group, equities research analysts predict that IHI Co. will post 1.09 EPS for the current fiscal 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.