Hitachi, Ltd. (OTCMKTS:HTHIY - Get Free Report) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 350,300 shares, a decrease of 19.3% from the February 28th total of 434,300 shares. Based on an average trading volume of 615,600 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the shares of the stock are sold short.
Hitachi Price Performance
Shares of OTCMKTS:HTHIY traded down $0.43 on Tuesday, hitting $23.02. The company's stock had a trading volume of 299,565 shares, compared to its average volume of 284,193. The company has a market capitalization of $105.44 billion, a PE ratio of 7.04, a PEG ratio of 3.43 and a beta of 0.76. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.08 and a quick ratio of 0.81. The company has a 50-day simple moving average of $36.18 and a 200 day simple moving average of $45.81. Hitachi has a 1 year low of $16.80 and a 1 year high of $29.99.
Hitachi (OTCMKTS:HTHIY - Get Free Report) last announced its earnings results on Friday, January 31st. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $1.52. Hitachi had a net margin of 6.03% and a return on equity of 9.65%. Sell-side analysts forecast that Hitachi will post 0.47 EPS for the current fiscal year.
About Hitachi
(
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Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.
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