Hitachi Constr (OTCMKTS:HTCMY) Announces Quarterly Earnings Results

Hitachi Constr (OTCMKTS:HTCMY) released its quarterly earnings results on Thursday. The company reported $1.30 earnings per share (EPS) for the quarter, Zacks reports. Hitachi Constr had a net margin of 6.31% and a return on equity of 9.54%. The business had revenue of $2.32 billion for the quarter.

Hitachi Constr Stock Performance

OTCMKTS:HTCMY remained flat at $67.78 during mid-day trading on Friday. The company had a trading volume of 19 shares, compared to its average volume of 115. The stock has a fifty day moving average of $70.95 and a two-hundred day moving average of $69.47. The company has a quick ratio of 0.76, a current ratio of 1.71 and a debt-to-equity ratio of 0.18. Hitachi Constr has a 12 month low of $55.92 and a 12 month high of $87.04. The company has a market cap of $7.29 billion, a P/E ratio of 12.35 and a beta of 0.55.

Hitachi Constr Company Profile

Hitachi Construction Machinery Co, Ltd. develops, manufactures, sells, and services construction and mining equipment. Its product portfolio includes hydraulic excavators, wheel loaders, dump trucks, and other machinery used in infrastructure development, building construction, quarrying, and resource extraction. The company also provides replacement parts, maintenance, refurbishment, equipment rentals, and related support services.

The company serves customers through a global network spanning Japan, Asia, Oceania, North America, Latin America, Europe, Africa, and the Middle East.