Free Trial

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

Hitachi logo with Multi-Sector Conglomerates background

Hitachi, Ltd. (OTCMKTS:HTHIY - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $37.30 and traded as low as $27.40. Hitachi shares last traded at $27.72, with a volume of 390,345 shares changing hands.

Hitachi Stock Up 0.2%

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 firm's 50 day moving average is $25.71 and its two-hundred day moving average is $36.94. The firm has a market capitalization of $129.12 billion, a P/E ratio of 8.62, a PEG ratio of 3.43 and a beta of 0.82.

Hitachi (OTCMKTS:HTHIY - Get Free Report) last announced its earnings results on Monday, April 28th. The conglomerate reported $0.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.23. The company had revenue of $19.41 billion during the quarter, compared to analysts' expectations of $2,735.45 billion. Hitachi had a net margin of 6.03% and a return on equity of 9.65%. Research analysts predict that Hitachi, Ltd. will post 0.47 EPS for the current year.

About Hitachi

(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.

Further Reading

Should You Invest $1,000 in Hitachi Right Now?

Before you consider Hitachi, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hitachi wasn't on the list.

While Hitachi currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Congress Is Pouring Millions Into These 6 Surprising Stocks
3 Dirt-Cheap Stocks in a Market That’s Getting Expensive
Top 3 Defense Stocks to Profit From $175 Billion Golden Dome

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines