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Hitachi (OTCMKTS:HTHIY) Shares Cross Above 50-Day Moving Average - Should You Sell?

Hitachi logo with Multi-Sector Conglomerates background

Hitachi, Ltd. (OTCMKTS:HTHIY - Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $25.11 and traded as high as $27.30. Hitachi shares last traded at $26.43, with a volume of 292,666 shares trading hands.

Hitachi Price Performance

The company has a current ratio of 1.08, a quick ratio of 0.81 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $126.55 billion, a PE ratio of 8.45, a price-to-earnings-growth ratio of 3.43 and a beta of 0.81. The firm has a 50 day moving average price of $25.31 and a 200 day moving average price of $37.62.

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