Hitachi Ltd. (OTCMKTS:HTHIY - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $28.82, but opened at $27.69. Hitachi shares last traded at $28.50, with a volume of 43,722 shares changing hands.
Hitachi Trading Down 1.0%
The company has a debt-to-equity ratio of 0.13, a current ratio of 1.08 and a quick ratio of 0.81. The business's 50-day simple moving average is $27.39 and its two-hundred day simple moving average is $33.90. The stock has a market capitalization of $130.72 billion, a price-to-earnings ratio of 7.95, a PEG ratio of 1.23 and a beta of 0.81.
Hitachi (OTCMKTS:HTHIY - Get Free Report) last posted its earnings results on Monday, April 28th. The conglomerate reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.23. Hitachi had a net margin of 6.28% and a return on equity of 10.35%. The business had revenue of $19.41 billion for the quarter, compared to analyst estimates of $2,735.45 billion. On average, research analysts anticipate that Hitachi Ltd. will post 0.47 earnings per share for the current fiscal year.
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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