Hitachi (OTCMKTS:HTHIY) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Hitachi, Ltd. (OTCMKTS:HTHIYGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $46.63 and traded as low as $24.80. Hitachi shares last traded at $25.38, with a volume of 186,593 shares traded.

Hitachi Price Performance

The stock has a market cap of $116.25 billion, a P/E ratio of 7.76, a P/E/G ratio of 3.43 and a beta of 0.76. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 1.08. The business has a 50 day simple moving average of $38.59 and a 200-day simple moving average of $46.63.

Hitachi (OTCMKTS:HTHIYGet Free Report) last posted its quarterly earnings results on Friday, January 31st. The conglomerate reported $1.98 earnings per share for the quarter, beating the consensus estimate of $0.46 by $1.52. Hitachi had a net margin of 6.03% and a return on equity of 9.65%. On average, sell-side analysts forecast that Hitachi, Ltd. will post 0.47 EPS 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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