Hitachi, Ltd. (OTCMKTS:HTHIY - Get Free Report) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 20,100 shares, a growth of 428.9% from the March 15th total of 3,800 shares. Based on an average daily volume of 134,600 shares, the short-interest ratio is currently 0.1 days.
Hitachi Stock Down 1.5 %
OTCMKTS:HTHIY traded down $2.73 during mid-day trading on Wednesday, reaching $183.35. The stock had a trading volume of 26,810 shares, compared to its average volume of 35,261. The business's 50 day moving average is $171.35 and its 200 day moving average is $148.12. Hitachi has a fifty-two week low of $109.16 and a fifty-two week high of $187.39. The stock has a market cap of $86.01 billion, a P/E ratio of 9.04, a PEG ratio of 4.61 and a beta of 0.79. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.15 and a quick ratio of 0.82.
Hitachi (OTCMKTS:HTHIY - Get Free Report) last announced its quarterly earnings results on Wednesday, January 31st. The conglomerate reported $3.44 EPS for the quarter, beating the consensus estimate of $1.72 by $1.72. Hitachi had a return on equity of 14.32% and a net margin of 8.08%. The company had revenue of $15.29 billion for the quarter. As a group, sell-side analysts predict that Hitachi will post 8.05 earnings per share 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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
