Hitachi, Ltd. (OTCMKTS:HTHIY - Get Free Report) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totalling 18,700 shares, a growth of 1,458.3% from the June 15th total of 1,200 shares. Based on an average daily volume of 66,800 shares, the days-to-cover ratio is currently 0.3 days.
Hitachi Price Performance
HTHIY stock traded down $1.41 during trading on Thursday, reaching $46.80. The company's stock had a trading volume of 335,294 shares, compared to its average volume of 207,148. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 0.16. The company's fifty day moving average is $70.97 and its 200-day moving average is $46.42. The company has a market capitalization of $21.95 billion, a P/E ratio of 2.84, a price-to-earnings-growth ratio of 2.67 and a beta of 0.83. Hitachi has a 1 year low of $23.04 and a 1 year high of $48.68.
Hitachi (OTCMKTS:HTHIY - Get Free Report) last issued its earnings results on Friday, April 26th. The conglomerate reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.10. Hitachi had a return on equity of 10.20% and a net margin of 6.01%. The company had revenue of $16.91 billion for the quarter. On average, research analysts expect that Hitachi will post 8.81 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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