Hitachi Constr (OTCMKTS:HTCMY – Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $71.78 and traded as low as $60.79. Hitachi Constr shares last traded at $60.79, with a volume of 122 shares changing hands.
Hitachi Constr Stock Down 17.3%
The stock’s 50 day simple moving average is $71.06 and its two-hundred day simple moving average is $66.35. The firm has a market cap of $6.54 billion, a P/E ratio of 13.30 and a beta of 0.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.71 and a quick ratio of 0.72.
Hitachi Constr (OTCMKTS:HTCMY – Get Free Report) last announced its earnings results on Friday, April 24th. The company reported $1.02 earnings per share for the quarter. The business had revenue of $2.72 billion during the quarter. Hitachi Constr had a net margin of 5.22% and a return on equity of 8.06%.
About Hitachi Constr
Hitachi Construction Machinery Co, Ltd. is a leading manufacturer of construction and mining equipment, offering a comprehensive range of hydraulic excavators, wheel loaders, rigid dump trucks and specialized machinery. The company serves a broad spectrum of industries, including civil engineering, infrastructure development, quarrying and open-pit mining, and it emphasizes technological innovation in its product designs to enhance productivity and fuel efficiency.
Originally established in 1951 as part of the Hitachi Group, the company produced its first hydraulic excavator in 1963 and has since expanded its portfolio to include advanced automation and telematics solutions.
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