IHI (OTCMKTS:IHICY) Sets New 12-Month High – Still a Buy?

IHI Co. (OTCMKTS:IHICY) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $17.63 and last traded at $17.63, with a volume of 2295 shares trading hands. The stock had previously closed at $14.51.

IHI Trading Up 21.5 %

The company has a 50-day moving average price of $13.59 and a 200 day moving average price of $12.82. The stock has a market capitalization of $10.67 billion, a P/E ratio of 13.56 and a beta of 0.24. The company has a current ratio of 1.16, a quick ratio of 0.70 and a debt-to-equity ratio of 0.82.

IHI (OTCMKTS:IHICY) last released 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%.

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.