Hitachi (OTCMKTS:HTHIY) Sets New 12-Month High – Still a Buy?

Hitachi, Ltd. (OTCMKTS:HTHIYGet Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $51.60 and last traded at $51.43, with a volume of 771868 shares trading hands. The stock had previously closed at $21.04.

Hitachi Trading Up 144.4 %

The stock’s fifty day simple moving average is $30.90 and its 200-day simple moving average is $43.99. 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 firm has a market cap of $235.57 billion, a PE ratio of 15.73, a PEG ratio of 3.43 and a beta of 0.75.

Hitachi (OTCMKTS:HTHIYGet Free Report) last issued its quarterly earnings results 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 return on equity of 9.65% and a net margin of 6.03%. On average, sell-side analysts forecast that Hitachi, Ltd. will post 0.47 earnings per share for the current year.

About Hitachi

(Get Free Report)

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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