Hitachi (OTCMKTS:HTHIY) Stock Passes Below Two Hundred Day Moving Average of $68.41

Hitachi, Ltd. (OTCMKTS:HTHIY) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $68.41 and traded as low as $76.69. Hitachi shares last traded at $76.82, with a volume of 32,358 shares trading hands.

HTHIY has been the subject of several recent analyst reports. ValuEngine cut shares of Hitachi from a “hold” rating to a “sell” rating in a research note on Friday, August 16th. Zacks Investment Research cut shares of Hitachi from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 29th.

The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 0.16. The company’s 50 day moving average is $70.04 and its 200 day moving average is $68.48.



Hitachi (OTCMKTS:HTHIY) last announced its quarterly earnings data on Monday, July 29th. The conglomerate reported $2.32 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.18 by $1.14. The company had revenue of $18.82 billion during the quarter. Research analysts forecast that Hitachi, Ltd. will post 8.52 EPS for the current fiscal year.

About Hitachi (OTCMKTS:HTHIY)

Hitachi, Ltd. provides information and telecommunication systems, social infrastructure and industrial systems, electronic systems and equipment, construction machinery, high functional materials and components, automotive systems, smart life and ecofriendly systems, other products, and financial services in Japan and internationally.

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