Hitachi (OTCMKTS:HTHIY) Hits New 1-Year High – What’s Next?

Shares of Hitachi, Ltd. (OTCMKTS:HTHIYGet Free Report) reached a new 52-week high on Thursday . The company traded as high as $29.99 and last traded at $28.99, with a volume of 194345 shares changing hands. The stock had previously closed at $28.70.

Hitachi Stock Performance

The company has a 50-day moving average of $49.37 and a 200-day moving average of $49.90. The company has a market cap of $124.86 billion, a PE ratio of 8.81, a PEG ratio of 3.43 and a beta of 0.80. The company has a quick ratio of 0.81, a current ratio of 1.08 and a debt-to-equity ratio of 0.13.

Hitachi (OTCMKTS:HTHIYGet Free Report) last issued its quarterly earnings data 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%. As a group, analysts anticipate that Hitachi, Ltd. will post 0.47 earnings per share for the current year.

Hitachi Company Profile

(Get Free Report)

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.

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