Hitachi (OTCMKTS:HTHIY) Sets New 52-Week High – Should You Buy?

Hitachi, Ltd. (OTCMKTS:HTHIYGet Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $29.99 and last traded at $28.99, with a volume of 194345 shares traded. The stock had previously closed at $28.70.

Hitachi Stock Up 1.0 %

The firm has a market cap of $66.39 billion, a price-to-earnings ratio of 8.78, a PEG ratio of 1.74 and a beta of 0.80. The business’s 50 day moving average price is $50.35 and its 200 day moving average price is $50.14. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 1.08.

Hitachi (OTCMKTS:HTHIYGet Free Report) last issued its quarterly earnings data on Friday, January 31st. The conglomerate reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $1.52. Hitachi had a net margin of 6.03% and a return on equity of 9.65%. On average, equities analysts forecast that Hitachi, Ltd. will post 1.83 EPS for the current year.

Hitachi Company Profile

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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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