Hitachi (OTCMKTS:HTHIY) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Shares of Hitachi, Ltd. (OTCMKTS:HTHIYGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $46.63 and traded as low as $24.80. Hitachi shares last traded at $25.38, with a volume of 186,593 shares changing hands.

Hitachi Stock Performance

The company has a 50-day moving average of $38.59 and a 200-day moving average of $46.63. The company has a market cap of $116.25 billion, a PE ratio of 7.76, a PEG ratio of 3.43 and a beta of 0.76. 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 posted its quarterly earnings data on Friday, January 31st. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $1.52. Hitachi had a net margin of 6.03% and a return on equity of 9.65%. 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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