Hitachi (OTCMKTS:HTHIY) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

Hitachi, Ltd. (OTCMKTS:HTHIYGet Free Report)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $42.05 and traded as low as $25.70. Hitachi shares last traded at $26.37, with a volume of 306,218 shares traded.

Hitachi Stock Performance

The company has a debt-to-equity ratio of 0.13, a current ratio of 1.08 and a quick ratio of 0.81. The stock has a fifty day simple moving average of $24.82 and a two-hundred day simple moving average of $42.05. The firm has a market capitalization of $120.78 billion, a P/E ratio of 8.06, a P/E/G ratio of 3.43 and a beta of 0.75.

Hitachi (OTCMKTS:HTHIYGet Free Report) last issued its earnings results on Friday, January 31st. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, topping 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, research analysts predict that Hitachi, Ltd. will post 0.47 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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