Hino Motors (OTCMKTS:HINOY) Stock Passes Above 50 Day Moving Average – Time to Sell?

Hino Motors Ltd. (OTCMKTS:HINOY) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $28.25 and traded as high as $31.50. Hino Motors shares last traded at $31.50, with a volume of 201 shares trading hands.

Hino Motors Stock Up 1.6%

The stock has a 50-day moving average price of $28.25 and a 200-day moving average price of $25.30. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.51 and a current ratio of 0.82.

Hino Motors (OTCMKTS:HINOY) last announced its earnings results on Thursday, January 29th. The company reported $1.16 EPS for the quarter, missing the consensus estimate of $1.66 by ($0.50). The company had revenue of $2.60 billion during the quarter, compared to the consensus estimate of $2.62 billion. Hino Motors had a net margin of 4.99% and a return on equity of 16.23%.

About Hino Motors

Hino Motors, Ltd. is a Japan-based manufacturer specializing in the production of commercial vehicles and diesel engines. A member of the Toyota Group, Hino develops, assembles and sells medium- and heavy-duty trucks, buses and related components for customers in diverse transportation, logistics and municipal sectors. The company’s product lineup spans light trucks and vans up to large long-haul tractor-trailers, alongside a range of diesel powertrains designed for reliability and fuel efficiency.

Founded in 1942 as Diesel Motor Industry Co, Ltd., Hino Motors has evolved through decades of engineering innovation and strategic partnerships.