Hitachi, Ltd. (OTCMKTS:HTHIY - Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totalling 5,200 shares, a growth of 116.7% from the April 15th total of 2,400 shares. Based on an average daily trading volume, of 71,900 shares, the short-interest ratio is presently 0.1 days.
Hitachi Stock Down 0.4 %
Shares of Hitachi stock traded down $0.70 on Monday, reaching $184.35. The company's stock had a trading volume of 163,775 shares, compared to its average volume of 34,519. Hitachi has a 52 week low of $114.07 and a 52 week high of $191.63. The firm's fifty day simple moving average is $179.50 and its two-hundred day simple moving average is $157.96. The company has a market capitalization of $86.48 billion, a price-to-earnings ratio of 10.90, a P/E/G ratio of 4.40 and a beta of 0.79. The company has a quick ratio of 0.82, a current ratio of 1.15 and a debt-to-equity ratio of 0.23.
Hitachi (OTCMKTS:HTHIY - Get Free Report) last released its quarterly earnings results on Friday, April 26th. The conglomerate reported $2.10 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.48. Hitachi had a return on equity of 9.95% and a net margin of 6.01%. The firm had revenue of $16.91 billion for the quarter. Equities analysts anticipate that Hitachi will post 8.5 earnings per share 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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