Hitachi, Ltd. (OTCMKTS:HTHIY – Get Free Report)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $50.59 and traded as high as $55.13. Hitachi shares last traded at $53.85, with a volume of 334,768 shares changing hands.
Hitachi Trading Up 0.4 %
The business’s fifty day moving average is $50.59 and its 200-day moving average is $49.52. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.85 and a current ratio of 1.15. The firm has a market cap of $124.84 billion, a P/E ratio of 8.23, a price-to-earnings-growth ratio of 1.60 and a beta of 0.80.
Hitachi (OTCMKTS:HTHIY – Get Free Report) last released its quarterly earnings results on Friday, January 31st. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $1.52. Hitachi had a net margin of 6.03% and a return on equity of 9.68%. Analysts predict that Hitachi, Ltd. will post 1.79 EPS for the current year.
About Hitachi
Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.
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