Hitachi Constr (OTCMKTS:HTCMY) Sees Strong Trading Volume – Still a Buy?

Shares of Hitachi Constr (OTCMKTS:HTCMYGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 1,600 shares traded hands during trading, an increase of 123% from the previous session’s volume of 717 shares.The stock last traded at $63.80 and had previously closed at $64.2850.

Hitachi Constr Stock Down 0.8%

The company has a market capitalization of $6.79 billion, a P/E ratio of 14.24 and a beta of 0.35. The firm’s 50 day moving average price is $63.00 and its two-hundred day moving average price is $60.97. The company has a current ratio of 1.70, a quick ratio of 0.75 and a debt-to-equity ratio of 0.24.

Hitachi Constr (OTCMKTS:HTCMYGet Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The company reported $1.69 earnings per share for the quarter. The business had revenue of $2.36 billion for the quarter. Equities research analysts forecast that Hitachi Constr will post 4.76 EPS for the current year.

About Hitachi Constr

(Get Free Report)

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.

See Also

Receive News & Ratings for Hitachi Constr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hitachi Constr and related companies with MarketBeat.com's FREE daily email newsletter.