Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) Sees Significant Decrease in Short Interest

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) saw a significant decline in short interest in June. As of June 15th, there was short interest totalling 100 shares, a decline of 91.7% from the May 31st total of 1,200 shares. Based on an average trading volume of 900 shares, the short-interest ratio is presently 0.1 days.

Hitachi Construction Machinery Price Performance

HTCMY stock opened at $52.94 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.48 and a quick ratio of 0.72. Hitachi Construction Machinery has a 12 month low of $49.50 and a 12 month high of $67.22. The firm has a 50 day moving average of $55.42 and a two-hundred day moving average of $55.84.

Hitachi Construction Machinery (OTCMKTS:HTCMY) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $1.41 earnings per share for the quarter. Hitachi Construction Machinery had a net margin of 6.69% and a return on equity of 12.00%. The business had revenue of $2.60 billion during the quarter. On average, sell-side analysts predict that Hitachi Construction Machinery will post 6.4 earnings per share for the current year.

About Hitachi Construction Machinery

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.