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Hitachi Constr (OTCMKTS:HTCMY) Shares Gap Down - Here's Why

Hitachi Constr logo with Industrials background

Shares of Hitachi Constr (OTCMKTS:HTCMY - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $59.31, but opened at $57.00. Hitachi Constr shares last traded at $57.00, with a volume of 600 shares.

Hitachi Constr Stock Performance

The business has a 50-day moving average price of $59.24 and a 200-day moving average price of $53.36. The firm has a market capitalization of $6.06 billion, a price-to-earnings ratio of 10.46 and a beta of 0.37. The company has a quick ratio of 0.77, a current ratio of 1.63 and a debt-to-equity ratio of 0.25.

About Hitachi Constr

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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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