IHI (OTCMKTS:IHICY) Issues Quarterly Earnings Results

IHI (OTCMKTS:IHICY) announced its quarterly earnings results on Friday. The company reported $0.41 EPS for the quarter, Zacks reports. IHI had a net margin of 6.77% and a return on equity of 27.10%.

IHI Price Performance

Shares of IHI stock traded up $1.03 during midday trading on Friday, hitting $16.03. 1,270 shares of the company were exchanged, compared to its average volume of 104. The firm has a 50 day simple moving average of $13.17 and a 200-day simple moving average of $12.04. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.16 and a quick ratio of 0.70. The firm has a market cap of $9.70 billion, a P/E ratio of 13.36 and a beta of 0.24. IHI has a 52 week low of $4.47 and a 52 week high of $16.03.

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.