Hitachi (OTCMKTS:HTHIY) Reaches New 1-Year High at $50.27

Hitachi, Ltd. (OTCMKTS:HTHIYGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $50.27 and last traded at $48.95, with a volume of 92525 shares changing hands. The stock had previously closed at $48.64.

Hitachi Stock Up 0.6 %

The company has a market cap of $113.48 billion, a PE ratio of 14.42, a PEG ratio of 1.47 and a beta of 0.82. The stock’s 50 day moving average price is $45.97 and its 200-day moving average price is $51.64. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.90 and a current ratio of 1.22.

Hitachi (OTCMKTS:HTHIYGet Free Report) last announced its quarterly earnings results on Wednesday, July 31st. The conglomerate reported $2.43 earnings per share for the quarter, beating the consensus estimate of $0.28 by $2.15. The business had revenue of $14.19 billion during the quarter. Hitachi had a net margin of 7.21% and a return on equity of 11.90%. On average, analysts predict that Hitachi, Ltd. will post 2.08 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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