Hitachi (OTCMKTS:HTHIY) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

Shares of Hitachi, Ltd. (OTCMKTS:HTHIY) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $25.11 and traded as high as $27.30. Hitachi shares last traded at $26.43, with a volume of 292,666 shares.

Hitachi Stock Up 1.5%

The stock has a market cap of $121.06 billion, a price-to-earnings ratio of 8.08, a PEG ratio of 3.43 and a beta of 0.81. The company has a quick ratio of 0.81, a current ratio of 1.08 and a debt-to-equity ratio of 0.13. The stock has a fifty day moving average of $25.11 and a two-hundred day moving average of $38.19.

Hitachi (OTCMKTS:HTHIY) last issued its earnings results on Monday, April 28th. The conglomerate reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.23. Hitachi had a return on equity of 9.65% and a net margin of 6.03%. The firm had revenue of $19.41 billion for the quarter, compared to analysts’ expectations of $2,735.45 billion. As a group, analysts predict that Hitachi, Ltd. will post 0.47 EPS for the current fiscal year.

Hitachi Company Profile

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.