Hitachi Constr (OTCMKTS:HTCMY) Stock Price Up 9.8% – What’s Next?

Hitachi Constr (OTCMKTS:HTCMY) was up 9.8% on Friday . The stock traded as high as $72.30 and last traded at $72.30. 100 shares were traded during mid-day trading, a decline of 76% from the average session volume of 415 shares. The stock had previously closed at $65.82.

Hitachi Constr Price Performance

The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.82 and a current ratio of 1.71. The business has a 50 day simple moving average of $66.09 and a 200-day simple moving average of $70.01. The firm has a market cap of $7.78 billion, a price-to-earnings ratio of 13.17 and a beta of 0.50.

Hitachi Constr (OTCMKTS:HTCMY) last posted its earnings results on Thursday, July 30th. The company reported $1.65 earnings per share for the quarter. Hitachi Constr had a return on equity of 9.57% and a net margin of 6.31%.The company had revenue of $2.07 billion for the quarter.

Hitachi Constr Company Profile

Hitachi Construction Machinery Co, Ltd. is a leading manufacturer of construction and mining equipment, offering a comprehensive range of hydraulic excavators, wheel loaders, rigid dump trucks and specialized machinery. The company serves a broad spectrum of industries, including civil engineering, infrastructure development, quarrying and open-pit mining, and it emphasizes technological innovation in its product designs to enhance productivity and fuel efficiency.

Originally established in 1951 as part of the Hitachi Group, the company produced its first hydraulic excavator in 1963 and has since expanded its portfolio to include advanced automation and telematics solutions.