Hitachi (OTCMKTS:HTHIY - Get Free Report) issued its quarterly earnings results on Friday. The conglomerate reported $1.98 earnings per share for the quarter, topping analysts' consensus estimates of $0.46 by $1.52, Zacks reports. Hitachi had a net margin of 6.03% and a return on equity of 9.68%. Hitachi updated its FY 2024 guidance to 0.910-0.910 EPS.
Hitachi Price Performance
HTHIY traded down $0.20 on Tuesday, reaching $51.00. The stock had a trading volume of 124,303 shares, compared to its average volume of 135,965. The firm has a 50-day moving average of $50.33 and a 200-day moving average of $49.42. Hitachi has a fifty-two week low of $30.74 and a fifty-two week high of $56.65. The company has a market capitalization of $118.23 billion, a price-to-earnings ratio of 7.80, a price-to-earnings-growth ratio of 1.60 and a beta of 0.80. The company has a current ratio of 1.15, a quick ratio of 0.85 and a debt-to-equity ratio of 0.17.
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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