Hitachi (OTCMKTS:HTHIY - Get Free Report) announced its quarterly earnings results on Monday. The conglomerate reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.23, Zacks reports. Hitachi had a net margin of 6.03% and a return on equity of 9.65%. The firm had revenue of $19.41 billion for the quarter, compared to analysts' expectations of $2,735.45 billion.
Hitachi Stock Down 10.0 %
Hitachi stock traded down $2.74 during mid-day trading on Wednesday, hitting $24.78. The company had a trading volume of 292,033 shares, compared to its average volume of 333,641. The stock has a market cap of $113.50 billion, a price-to-earnings ratio of 7.58, a PEG ratio of 3.43 and a beta of 0.75. Hitachi has a 1 year low of $18.04 and a 1 year high of $29.99. The business has a fifty day moving average of $24.72 and a 200 day moving average of $41.50. The company has a quick ratio of 0.81, a current ratio of 1.08 and a debt-to-equity ratio of 0.13.
About Hitachi
(
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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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