Hitachi Constr (OTCMKTS:HTCMY) Shares Up 5% – Still a Buy?

Hitachi Constr (OTCMKTS:HTCMYGet Free Report)’s stock price traded up 5% on Monday . The stock traded as high as $63.51 and last traded at $63.51. 336 shares changed hands during trading, an increase of 344% from the average session volume of 76 shares. The stock had previously closed at $60.48.

Hitachi Constr Trading Up 5.0%

The company has a market cap of $6.75 billion, a price-to-earnings ratio of 11.65 and a beta of 0.40. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.63 and a quick ratio of 0.77. The business’s 50-day simple moving average is $62.34 and its 200-day simple moving average is $59.47.

Hitachi Constr (OTCMKTS:HTCMYGet Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.73 earnings per share for the quarter. The business had revenue of $2.12 billion for the quarter. Research analysts predict that Hitachi Constr will post 4.76 earnings per share for the current fiscal year.

About Hitachi Constr

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Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.

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