IHI (OTCMKTS:IHICY) Hits New 1-Year High - Time to Buy?

Shares of IHI CORP (OTCMKTS:IHICY - Get Free Report) reached a new 52-week high on Thursday . The company traded as high as $22.13 and last traded at $22.09, with a volume of 27436 shares changing hands. The stock had previously closed at $19.41.IHI Stock PerformanceThe business has a fifty day simple moving average of $25.35 and a two-hundred day simple moving average of $24.58. The company has a quick ratio of 0.71, a current ratio of 1.15 and a debt-to-equity ratio of 0.70. The company has a market cap of $23.92 billion, a P/E ratio of 33.33 and a beta of 0.77. IHI (OTCMKTS:IHICY - Get Free Report) last posted its earnings results on Wednesday, August 6th. The company reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.07). IHI had a net margin of 6.50% and a return on equity of 21.69%. About IHI (Get Free Report)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.Featured ArticlesFive stocks we like better than IHIShould You Add These Warren Buffett Stocks to Your Portfolio?Quanta Services: The Backbone of the AI Data Center PushInsider Trades May Not Tell You What You ThinkArcher’s Recent String of Victories Signals a New Phase of GrowthGrowth Stocks: What They Are, What They Are Not3 Key Stocks Boosting Buybacks Amid Improving FundamentalsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in IHI Right Now?Before you consider IHI, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IHI wasn't on the list.While IHI currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here