Hitachi Constr (OTCMKTS:HTCMY) Sets New 52-Week High - Should You Buy?

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) shares hit a new 52-week high during trading on Thursday . The company traded as high as $63.76 and last traded at $63.76, with a volume of 130 shares traded. The stock had previously closed at $60.51.

Hitachi Constr Price Performance

The firm has a 50 day moving average price of $59.66 and a 200 day moving average price of $56.36. The stock has a market cap of $6.78 billion, a P/E ratio of 11.70 and a beta of 0.33. The company has a quick ratio of 0.77, a current ratio of 1.63 and a debt-to-equity ratio of 0.25.

Hitachi Constr (OTCMKTS:HTCMY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.73 earnings per share (EPS) for the quarter. The firm had revenue of $2.12 billion during the quarter. On average, analysts forecast that Hitachi Constr will post 4.76 EPS for the current fiscal year.

About Hitachi Constr

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.

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