Hitachi Constr (OTCMKTS:HTCMY) Sees Strong Trading Volume – Here’s What Happened

Hitachi Constr (OTCMKTS:HTCMY) shares saw strong trading volume on Monday . 800 shares traded hands during trading, an increase of 104% from the previous session’s volume of 393 shares.The stock last traded at $75.90 and had previously closed at $72.52.

Hitachi Constr Stock Performance

The company has a market cap of $7.77 billion, a price-to-earnings ratio of 13.15 and a beta of 0.50. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.82 and a current ratio of 1.71. The company has a fifty day moving average of $66.22 and a two-hundred day moving average of $69.98.

Hitachi Constr (OTCMKTS:HTCMY) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.65 earnings per share (EPS) for the quarter. Hitachi Constr had a return on equity of 9.57% and a net margin of 6.31%.The company had revenue of $2.07 billion during the quarter.

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.