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Hitachi (OTCMKTS:HTHIY) Stock Crosses Below Two Hundred Day Moving Average - Here's Why

Hitachi logo with Multi-Sector Conglomerates background

Shares of Hitachi, Ltd. (OTCMKTS:HTHIY - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $55.67 and traded as low as $49.00. Hitachi shares last traded at $50.18, with a volume of 72,289 shares trading hands.

Hitachi Trading Up 3.5 %

The company has a market cap of $120.44 billion, a PE ratio of 9.56, a PEG ratio of 1.27 and a beta of 0.83. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.90 and a current ratio of 1.22. The company has a 50 day simple moving average of $50.86 and a two-hundred day simple moving average of $55.67.

About Hitachi

(Get Free Report)

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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