Hitachi, Ltd. (OTCMKTS:HTHIY - Get Free Report) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 169,400 shares, a growth of 30.7% from the January 15th total of 129,600 shares. Based on an average daily trading volume, of 315,300 shares, the short-interest ratio is currently 0.5 days.
Hitachi Stock Performance
Hitachi stock traded down $0.19 during midday trading on Thursday, hitting $28.80. 267,109 shares of the company's stock were exchanged, compared to its average volume of 271,103. Hitachi has a 12-month low of $16.18 and a 12-month high of $29.99. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 1.08. The stock has a market cap of $65.96 billion, a price-to-earnings ratio of 4.40, a price-to-earnings-growth ratio of 1.74 and a beta of 0.80. The firm's 50 day simple moving average is $50.35 and its 200 day simple moving average is $50.14.
Hitachi (OTCMKTS:HTHIY - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The conglomerate reported $1.98 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%. Equities research analysts predict that Hitachi will post 1.83 EPS for the current year.
Hitachi Company Profile
(
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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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