Hitachi, Ltd. (OTCMKTS:HTHIY - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $49.34 and traded as low as $46.22. Hitachi shares last traded at $47.38, with a volume of 97,580 shares trading hands.
Hitachi Stock Performance
The stock has a market capitalization of $109.84 billion, a P/E ratio of 9.03, a PEG ratio of 1.59 and a beta of 0.81. The firm's 50-day simple moving average is $50.26 and its 200 day simple moving average is $49.34.
Hitachi (OTCMKTS:HTHIY - Get Free Report) last released its earnings results on Wednesday, October 30th. The conglomerate reported $1.71 earnings per share for the quarter, beating the consensus estimate of $0.41 by $1.30. The business had revenue of $15.69 billion during the quarter, compared to analysts' expectations of $16.51 billion. Hitachi had a net margin of 7.22% and a return on equity of 11.60%. As a group, research analysts expect that Hitachi, Ltd. will post 1.79 earnings per share 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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