Hitachi Construction Machinery (OTCMKTS:HTCMY) Sets New 52-Week Low at $44.49

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY)’s share price hit a new 52-week low on Monday . The company traded as low as $44.49 and last traded at $44.71, with a volume of 3546 shares trading hands. The stock had previously closed at $45.61.

Hitachi Construction Machinery Price Performance

The stock has a market cap of $4.81 billion, a price-to-earnings ratio of 7.31 and a beta of 0.67. The business’s 50-day simple moving average is $54.07 and its two-hundred day simple moving average is $56.39. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.48 and a quick ratio of 0.72.

Hitachi Construction Machinery (OTCMKTS:HTCMY) last released its earnings results on Friday, July 26th. The company reported $1.48 earnings per share (EPS) for the quarter. Hitachi Construction Machinery had a net margin of 6.10% and a return on equity of 10.72%. The business had revenue of $2.11 billion for the quarter. Research analysts expect that Hitachi Construction Machinery Co., Ltd. will post 6.4 earnings per share for the current year.

About Hitachi Construction Machinery

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.