IHI (OTCMKTS:IHICY) Releases Earnings Results

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

IHI Price Performance

OTCMKTS:IHICY opened at $14.78 on Friday. 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 company has a 50 day moving average price of $13.17 and a 200-day moving average price of $12.04. IHI has a 1-year low of $4.62 and a 1-year high of $16.03. The firm has a market cap of $8.95 billion, a price-to-earnings ratio of 13.36 and a beta of 0.24.

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.