Hitachi Ltd. (OTCMKTS:HTHIY - Get Free Report) shot up 4.5% on Friday . The company traded as high as $29.88 and last traded at $29.77. 35,378 shares were traded during trading, a decline of 89% from the average session volume of 324,995 shares. The stock had previously closed at $28.49.
Hitachi Stock Up 4.0%
The stock has a market capitalization of $135.67 billion, a price-to-earnings ratio of 8.25, a P/E/G ratio of 1.18 and a beta of 0.81. The business has a 50-day moving average of $26.94 and a 200-day moving average of $34.71. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 1.08.
Hitachi (OTCMKTS:HTHIY - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The conglomerate reported $0.53 earnings per share for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $2,735.45 billion. On average, sell-side analysts expect that Hitachi Ltd. will post 0.47 EPS for the current 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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