Hitachi Constr (OTCMKTS:HTCMY) Stock Price Up 3.8% – Here’s Why

Hitachi Constr (OTCMKTS:HTCMYGet Free Report)’s stock price rose 3.8% on Tuesday . The company traded as high as $68.00 and last traded at $68.00. Approximately 304 shares changed hands during mid-day trading, an increase of 227% from the average daily volume of 93 shares. The stock had previously closed at $65.50.

Hitachi Constr Stock Up 3.8%

The company’s 50 day simple moving average is $62.82 and its 200-day simple moving average is $60.61. The company has a current ratio of 1.63, a quick ratio of 0.77 and a debt-to-equity ratio of 0.25. The firm has a market cap of $7.23 billion, a P/E ratio of 15.18 and a beta of 0.40.

Hitachi Constr (OTCMKTS:HTCMYGet Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The company reported $1.69 earnings per share for the quarter. Research analysts forecast 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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