Shares of Hitachi, Ltd. (OTCMKTS:HTHIY - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $54.12 and traded as low as $52.23. Hitachi shares last traded at $52.50, with a volume of 439,803 shares.
Hitachi Trading Up 2.2 %
The firm has a market cap of $124.45 billion, a PE ratio of 15.49, a PEG ratio of 1.39 and a beta of 0.82. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.22 and a quick ratio of 0.90. The stock's fifty day simple moving average is $49.37 and its 200-day simple moving average is $54.12.
Hitachi (OTCMKTS:HTHIY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The conglomerate reported $2.43 earnings per share for the quarter, beating the consensus estimate of $0.28 by $2.15. Hitachi had a return on equity of 11.90% and a net margin of 7.21%. The business had revenue of $14.19 billion for the quarter. On average, sell-side analysts forecast that Hitachi, Ltd. will post 2.1 earnings per share for the current 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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