IHI (OTCMKTS:IHICY) Stock Price Down 6% - What's Next?

Shares of Ihi Corp (OTCMKTS:IHICY - Get Free Report) dropped 6% during mid-day trading on Tuesday . The stock traded as low as $17.76 and last traded at $17.76. Approximately 2,025 shares changed hands during trading, a decline of 91% from the average daily volume of 23,564 shares. The stock had previously closed at $18.90.Wall Street Analyst Weigh InSeparately, The Goldman Sachs Group lowered IHI from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 23rd. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of "Hold".Get Our Latest Analysis on IHIIHI Trading Down 5.6%The company has a market cap of $19.33 billion, a P/E ratio of 26.93 and a beta of 0.76. The business has a fifty day simple moving average of $22.70 and a 200 day simple moving average of $24.97. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.71 and a current ratio of 1.15. 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.Read MoreFive stocks we like better than IHIOverbought Stocks Explained: Should You Trade Them?Nuclear Energy Earnings: Which Names Won and Lost in Q3What Are Earnings Reports?Alphabet: Buffett's Bet on Its Next Phase of GrowthWhat Investors Need to Know About Upcoming IPOsWhy a 20-Second Flight Test Could Unlock Billions for VerticalThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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