IHI traded at 3,153.00 this Wednesday April 15th, decreasing 140.00 or 4.25 percent since the previous trading session. Looking back, over the last four weeks, IHI lost 15.49 percent. Over the last 12 months, its price rose by 117.88 percent. Looking ahead, we forecast IHI to be priced at 3,163.28 by the end of this quarter and at 2,778.60 in one year, according to Trading Economics global macro models projections and analysts expectations.
IHI Corporation is a Japan-based company principally engaged in the heavy industry business such as the manufacture and sale of industrial machinery. The Company operates in four business segments. Resource & Energy & Environment segment manufactures, sells and provides services for boilers, prime movers, storage facilities, chemical plants, nuclear equipment, environmentally responsive systems and pharmaceutical plants. Social Infrastructure and Offshore segment provides bridges, sluices, shield systems, transportation systems, concrete building materials. Industrial System & General-Purpose Machinery segment provides logistics systems, industrial machinery, transport machinery, as well as papermaking machinery. Aerospace & Space & Defense segment provides space development related equipment and defense equipment systems. The Company also manufactures, sells, and provides services for communication, electronic, electrical measurement and information processing equipment and devices.