Hitachi Constr (OTCMKTS:HTCMY) Shares Gap Down - Time to Sell?

Key Points

• Hitachi Construction Machinery's stock opened at $60.48 after gapping down from a previous close of $63.51, indicating a significant price drop.
• The company reported earnings of $0.73 per share and revenue of $2.12 billion for the last quarter, with analysts predicting an annual EPS of 4.76.
• With a market capitalization of $6.43 billion, Hitachi Constr maintains a relatively low debt-to-equity ratio of 0.25 and a beta of 0.40, suggesting lower volatility compared to the market.

Hitachi Constr (OTCMKTS:HTCMY - Get Free Report)'s stock price gapped down before the market opened on Friday . The stock had previously closed at $63.51, but opened at $60.48. Hitachi Constr shares last traded at $60.48, with a volume of 229 shares trading hands.

Hitachi Constr Stock Performance

The stock has a market cap of $6.43 billion, a P/E ratio of 11.10 and a beta of 0.40. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.77 and a current ratio of 1.63. The firm has a 50 day moving average of $62.47 and a two-hundred day moving average of $59.59.

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

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