Hitachi (OTCMKTS:HTHIY) Share Price Passes Below 200 Day Moving Average of $51.13

Hitachi, Ltd. (OTCMKTS:HTHIY) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $51.13 and traded as low as $45.43. Hitachi shares last traded at $46.20, with a volume of 140,864 shares trading hands.

Hitachi Stock Performance

The business’s fifty day moving average price is $64.34 and its 200-day moving average price is $51.13. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.90 and a current ratio of 1.22. The stock has a market cap of $107.10 billion, a PE ratio of 13.61, a P/E/G ratio of 1.33 and a beta of 0.82.

Hitachi (OTCMKTS:HTHIY) last posted its quarterly earnings data on Wednesday, July 31st. The conglomerate reported $2.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $2.15. The company had revenue of $14.19 billion for the quarter. Hitachi had a net margin of 7.21% and a return on equity of 11.90%. As a group, equities research analysts forecast that Hitachi, Ltd. will post 2.08 EPS for the current fiscal year.

Hitachi Company Profile

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.