Hitachi Constr (OTCMKTS:HTCMY) Hits New 1-Year High - What's Next?

Key Points

• Hitachi Construction Machinery shares reached a new 52-week high of $63.76 during trading, showing significant price movement from its previous close of $60.51.
• The company reported $0.73 earnings per share for the last quarter, with total revenue of $2.12 billion, and analysts forecast an EPS of 4.76 for the current fiscal year.
• Hitachi Construction operates globally in the manufacturing and selling of various construction machineries, including excavators and dump trucks, with a market cap of $6.78 billion.

Hitachi Constr (OTCMKTS:HTCMY - Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as $63.76 and last traded at $63.76, with a volume of 130 shares. The stock had previously closed at $60.51.

Hitachi Constr Stock Performance

The company has a debt-to-equity ratio of 0.25, a current ratio of 1.63 and a quick ratio of 0.77. The firm's 50 day moving average price is $60.02 and its 200 day moving average price is $56.82. The stock has a market capitalization of $6.78 billion, a P/E ratio of 11.70 and a beta of 0.33.

Hitachi Constr (OTCMKTS:HTCMY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.73 earnings per share (EPS) for the quarter. The business had revenue of $2.12 billion for the quarter. As a group, equities research analysts expect that Hitachi Constr will post 4.76 earnings per share for the current fiscal year.

Hitachi Constr Company Profile

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.