Hitachi (OTCMKTS:HTHIY) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Hitachi, Ltd. (OTCMKTS:HTHIY)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $42.05 and traded as low as $25.70. Hitachi shares last traded at $26.37, with a volume of 306,218 shares trading hands.

Hitachi Stock Performance

The company has a current ratio of 1.08, a quick ratio of 0.81 and a debt-to-equity ratio of 0.13. The company has a market cap of $120.78 billion, a price-to-earnings ratio of 8.06, a P/E/G ratio of 3.43 and a beta of 0.75. The stock has a 50 day moving average price of $24.82 and a two-hundred day moving average price of $42.05.

Hitachi (OTCMKTS:HTHIY) last released its earnings results on Friday, January 31st. The conglomerate reported $1.98 earnings per share for the quarter, beating the consensus estimate of $0.46 by $1.52. Hitachi had a return on equity of 9.65% and a net margin of 6.03%. Analysts predict that Hitachi, Ltd. will post 0.47 EPS for the current year.

About Hitachi

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.