Hitachi Constr (OTCMKTS:HTCMY) Hits New 52-Week High – Time to Buy?

Hitachi Constr (OTCMKTS:HTCMY)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $76.18 and last traded at $76.18, with a volume of 125 shares traded. The stock had previously closed at $55.9225.

Hitachi Constr Price Performance

The company has a quick ratio of 0.75, a current ratio of 1.70 and a debt-to-equity ratio of 0.24. The firm has a 50-day moving average of $58.59 and a two-hundred day moving average of $60.59. The stock has a market capitalization of $8.10 billion, a price-to-earnings ratio of 14.35 and a beta of 0.46.

Hitachi Constr (OTCMKTS:HTCMY) last posted its quarterly earnings results on Thursday, January 29th. The company reported $1.13 earnings per share (EPS) for the quarter. The business had revenue of $2.11 billion during the quarter. As a group, sell-side analysts anticipate that Hitachi Constr will post 4.76 earnings per share for the current year.

Hitachi Constr Company Profile

Hitachi Construction Machinery Co, Ltd. is a leading manufacturer of construction and mining equipment, offering a comprehensive range of hydraulic excavators, wheel loaders, rigid dump trucks and specialized machinery. The company serves a broad spectrum of industries, including civil engineering, infrastructure development, quarrying and open-pit mining, and it emphasizes technological innovation in its product designs to enhance productivity and fuel efficiency.

Originally established in 1951 as part of the Hitachi Group, the company produced its first hydraulic excavator in 1963 and has since expanded its portfolio to include advanced automation and telematics solutions.