Hitachi Construction Machinery (OTCMKTS:HTCMY) Trading Down 8.7% – Here’s What Happened

Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMYGet Free Report)’s share price traded down 8.7% during mid-day trading on Monday . The stock traded as low as $43.30 and last traded at $43.30. 3,200 shares changed hands during mid-day trading, an increase of 221% from the average session volume of 996 shares. The stock had previously closed at $47.42.

Hitachi Construction Machinery Price Performance

The stock has a market cap of $4.66 billion, a P/E ratio of 7.94 and a beta of 0.63. The company has a current ratio of 1.48, a quick ratio of 0.72 and a debt-to-equity ratio of 0.22. The company’s fifty day simple moving average is $47.61 and its 200-day simple moving average is $51.56.

Hitachi Construction Machinery Company Profile

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Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.

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