IHI Corporation Stock News

iShares U.S. Medical Devices ETF has underperformed in recent times. The healthcare sector is considered defensive, but medical devices may still be sensitive to economic downturns. IHI's present valu

BOSTON--(BUSINESS WIRE)-- #IHIForum--The Institute for Healthcare Improvement (IHI) has announced that Susan Ehrlich, MD, MPP, has joined its Board of Directors.

Japan's Mitsui & Co , Mitsui Chemicals , IHI Corp and Kansai Electric Power Co will conduct a joint study for establishing a hydrogen and ammonia supply chain in the Osaka coastal industrial zone, the

IHI CORP (IHICY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here is how IHI CORP (IHICY) and Sonoco (SON) have performed compared to their sector so far this year.

IHI CORP (IHICY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

IHI CORP (IHICY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Here is how IHI CORP (IHICY) and Mitsui & Co. (MITSY) have performed compared to their sector so far this year.

Here is how IHI CORP (IHICY) and Mitsui & Co. (MITSY) have performed compared to their sector so far this year.

IHI: A Standout Performer With Equally Strong Future Growth Prospects

IHI Co. (OTCMKTS:IHICY) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 1,600 shares, an increase of 60.0% from the November 15th total of 1,000 shares. Based on an average trading volume of 500 shares, the short-interest ratio is currently 3.2 days. Separately, Zacks Investment Research []

TOKYO: Japan''s Nikkei slumped on Friday to its lowest level in a month, on worries that a new coronavirus variant found in South Africa could hinder a global economic recovery. By 0205 GMT, the Nikkei share average dropped 2.3% to 28,829.95, its lowest since Oct. 29, while the broader Topix fell 1.81% to 1,989.03. For the week, the Nikkei is set to lose 3%, while the Topix is on track to fall 2.7%. "The market''s fundamentals have been weak as investors kept selling when the Nikkei got closer to 30,000," said Kazuharu Konishi, head of equities at Mitsubishi UFJ Kokusai Asset management. "So, it easily got damaged by negative news, such as the one about new virus variant. Although it might be too rough to conclude that today''s declines were only due to the virus." The variant, detected by scientists in South Africa, may be able to evade immune responses and has prompted Britain to hurriedly introduce travel restrictions on South Africa. In Japan, heavyweights declined, with Uniqlo clothing store operator Fast Retailing losing 3.13%, technology investor SoftBank Group falling 5.04% and chip-making equipment maker Tokyo Electron slipping 2.62%.

Zacks Investment Research upgraded shares of IHI (OTCMKTS:IHICY) from a hold rating to a buy rating in a report issued on Tuesday, Zacks.com reports. The brokerage currently has $6.50 price target on the stock. According to Zacks, IHI Corp. engages in the design, manufacture, sale, installation, repair, overhaul and maintenance of heavy machinery. Resources, Energy []

Zacks Investment Research upgraded shares of IHI (OTCMKTS:IHICY) from a hold rating to a buy rating in a report published on Tuesday morning, Zacks.com reports. Zacks Investment Research currently has $6.50 price objective on the stock. According to Zacks, IHI Corp. engages in the design, manufacture, sale, installation, repair, overhaul and maintenance of heavy machinery. []