IHI (OTCMKTS:IHICF) Stock Price Up 68.9% – Here’s What Happened

IHI Co. (OTCMKTS:IHICFGet Free Report) shares rose 68.9% during trading on Friday . The stock traded as high as $109.30 and last traded at $109.30. Approximately 100 shares were traded during trading, a decline of 33% from the average daily volume of 150 shares. The stock had previously closed at $64.72.

IHI Stock Performance

The company’s 50 day moving average price is $69.80 and its 200 day moving average price is $39.45.

About IHI

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IHI Corporation operates in resources, energy, and environment; social infrastructure and offshore facilities; industrial systems and general-purpose machinery; aero engine, space, and defense; and other business areas in Japan and internationally. It provides carbon reduction solutions; gas turbines and engines, and diesel engines for land use, and high-speed ships and other marine vessels; LNG receiving terminals and storage tanks; and equipment for various plants.

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