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Hitachi (OTCMKTS:HTHIY) Sees Unusually-High Trading Volume - Here's What Happened

Hitachi logo with Multi-Sector Conglomerates background

Key Points

  • Hitachi Ltd. experienced a decline in trading volume, with approximately 301,234 shares traded on Friday, down from 317,116 shares the previous session.
  • The company's recent quarterly earnings showed earnings per share of $0.29, aligning with analysts' expectations, while revenue reached $15.16 billion.
  • Hitachi's market capitalization stands at $133.15 billion and has a price-to-earnings ratio of 10.91.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of Hitachi Ltd. (OTCMKTS:HTHIY - Get Free Report) saw an uptick in trading volume on Friday . 301,234 shares changed hands during trading, a decline of 5% from the previous session's volume of 317,116 shares.The stock last traded at $29.06 and had previously closed at $28.81.

Hitachi Stock Down 2.2%

The company has a debt-to-equity ratio of 0.13, a current ratio of 1.12 and a quick ratio of 0.85. The company's 50-day simple moving average is $28.76 and its 200 day simple moving average is $29.10. The firm has a market cap of $129.07 billion, a P/E ratio of 10.57, a price-to-earnings-growth ratio of 1.33 and a beta of 0.85.

Hitachi (OTCMKTS:HTHIY - Get Free Report) last announced its earnings results on Thursday, July 31st. The conglomerate reported $0.29 earnings per share for the quarter, meeting the consensus estimate of $0.29. Hitachi had a net margin of 6.45% and a return on equity of 10.83%. The business had revenue of $15.16 billion for the quarter, compared to the consensus estimate of $2,342.55 billion. Hitachi has set its FY 2025 guidance at 2.150-2.150 EPS. Research analysts anticipate that Hitachi Ltd. will post 0.47 EPS for the current fiscal year.

Hitachi Company Profile

(Get Free Report)

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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