Hitachi Constr (OTCMKTS:HTCMY) Shares Gap Down – Time to Sell?

Shares of Hitachi Constr (OTCMKTS:HTCMY) gapped down before the market opened on Tuesday . The stock had previously closed at $73.48, but opened at $65.82. Hitachi Constr shares last traded at $65.82, with a volume of 1,010 shares traded.

Hitachi Constr Stock Performance

The firm has a 50 day moving average of $69.92 and a two-hundred day moving average of $66.51. The stock has a market cap of $7.08 billion, a PE ratio of 14.40 and a beta of 0.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.71 and a quick ratio of 0.82.

Hitachi Constr (OTCMKTS:HTCMY) last posted its earnings results on Friday, April 24th. The company reported $1.02 earnings per share for the quarter. The firm had revenue of $2.72 billion during the quarter. Hitachi Constr had a return on equity of 8.06% and a net margin of 5.22%.

About Hitachi Constr

Hitachi Construction Machinery Co, Ltd. is a leading manufacturer of construction and mining equipment, offering a comprehensive range of hydraulic excavators, wheel loaders, rigid dump trucks and specialized machinery. The company serves a broad spectrum of industries, including civil engineering, infrastructure development, quarrying and open-pit mining, and it emphasizes technological innovation in its product designs to enhance productivity and fuel efficiency.

Originally established in 1951 as part of the Hitachi Group, the company produced its first hydraulic excavator in 1963 and has since expanded its portfolio to include advanced automation and telematics solutions.