Hitachi (OTCMKTS:HTHIY) Sees Unusually-High Trading Volume - What's Next?

Key Points

• Hitachi Ltd. experienced a significant increase in trading volume, with 466,517 shares traded, marking a 50% rise from the previous session.
• The company's earnings report revealed earnings per share (EPS) of $0.29, aligning with analyst expectations, and a quarterly revenue of $15.16 billion.
• Hitachi's market capitalization stands at $129.17 billion, with a PE ratio of 10.58 and a projected EPS of 0.47 for the current year.

Hitachi Ltd. (OTCMKTS:HTHIY - Get Free Report) saw strong trading volume on Thursday . 466,517 shares changed hands during mid-day trading, an increase of 50% from the previous session's volume of 310,962 shares.The stock last traded at $28.18 and had previously closed at $27.96.

Hitachi Stock Performance

The firm has a market cap of $129.17 billion, a PE ratio of 10.58, a price-to-earnings-growth ratio of 1.25 and a beta of 0.83. The company has a 50 day simple moving average of $28.46 and a 200-day simple moving average of $26.85. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.12 and a quick ratio of 0.85.

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

Hitachi Company Profile

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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