Hitachi (OTCMKTS:HTHIY) Share Price Passes Below 200-Day Moving Average - Time to Sell?

Key Points

• Hitachi Ltd. shares have fallen below their 200-day moving average of $28.06, trading as low as $27.55 during recent sessions.
• The company reported a quarterly earnings per share of $0.29, matching analysts' estimates, and had a revenue of $15.16 billion for the quarter.
• Hitachi has set its FY 2025 earnings guidance at 2.150 EPS, with analysts predicting a current year's EPS of 0.47.

Hitachi Ltd. (OTCMKTS:HTHIY - Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $28.06 and traded as low as $27.55. Hitachi shares last traded at $28.07, with a volume of 221,902 shares trading hands.

Hitachi Stock Performance

The stock has a market capitalization of $122.25 billion, a price-to-earnings ratio of 10.02, a PEG ratio of 1.26 and a beta of 0.83. The stock's 50 day moving average is $28.73 and its 200 day moving average is $27.31. The company has a current ratio of 1.12, a quick ratio of 0.85 and a debt-to-equity ratio of 0.13.

Hitachi (OTCMKTS:HTHIY - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The conglomerate reported $0.29 EPS for the quarter, meeting analysts' consensus estimates of $0.29. The firm had revenue of $15.16 billion for the quarter, compared to analysts' expectations of $2,342.55 billion. Hitachi had a net margin of 6.45% and a return on equity of 10.83%. Hitachi has set its FY 2025 guidance at 2.150-2.150 EPS. On average, analysts predict that Hitachi Ltd. will post 0.47 earnings per share 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.