Shares of Hitachi, Ltd. (OTCMKTS:HTHIY – Get Rating) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $102.93 and traded as high as $105.70. Hitachi shares last traded at $105.04, with a volume of 19,664 shares traded.
Hitachi Stock Performance
The company’s fifty day simple moving average is $102.93 and its 200 day simple moving average is $97.87. The company has a quick ratio of 0.74, a current ratio of 1.08 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $50.85 billion, a price-to-earnings ratio of 16.41, a P/E/G ratio of 1.90 and a beta of 0.83.
Hitachi (OTCMKTS:HTHIY – Get Rating) last released its quarterly earnings results on Friday, October 28th. The conglomerate reported $1.92 earnings per share for the quarter, missing the consensus estimate of $3.21 by ($1.29). The company had revenue of $18.60 billion during the quarter, compared to the consensus estimate of $20.88 billion. Hitachi had a net margin of 3.95% and a return on equity of 7.30%. On average, equities research analysts expect that Hitachi, Ltd. will post 9.18 earnings per share for the current year.
Hitachi, Ltd. provides information technology, energy, industry, mobility, and smart life solutions in Japan and internationally. The company offers information and telecommunication services, such as internet of things, storage systems, servers, software, ATMs, and scanners for manufacturing, communication, finance, healthcare and life science, energy and transportation, and distribution industries, as well as government and urban sectors; drone platform and unmanned aerial system traffic management solutions; infrastructure information systems; and consulting and system integration services.
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