Hitachi (OTCMKTS:HTHIY) Shares Cross Above Fifty Day Moving Average of $180.73

Shares of Hitachi, Ltd. (OTCMKTS:HTHIY) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $180.73 and traded as high as $186.86. Hitachi shares last traded at $185.99, with a volume of 51,928 shares traded.

Hitachi Stock Up 0.8 %

The company has a quick ratio of 0.82, a current ratio of 1.15 and a debt-to-equity ratio of 0.23. The firm has a 50 day moving average of $180.73 and a two-hundred day moving average of $160.50. The firm has a market capitalization of $87.25 billion, a price-to-earnings ratio of 10.96, a price-to-earnings-growth ratio of 4.38 and a beta of 0.79.

Hitachi’s stock is scheduled to split before the market opens on Friday, June 28th. The 5-1 split was announced on Friday, June 28th. The newly issued shares will be payable to shareholders after the market closes on Friday, June 28th.

Hitachi (OTCMKTS:HTHIY) last posted its earnings results on Friday, April 26th. The conglomerate reported $2.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.48. Hitachi had a net margin of 6.01% and a return on equity of 9.95%. The firm had revenue of $16.91 billion for the quarter. As a group, sell-side analysts anticipate that Hitachi, Ltd. will post 8.5 EPS for the current fiscal year.

About Hitachi

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.