Hitachi Constr (OTCMKTS:HTCMY) Posts Quarterly Earnings Results

Hitachi Constr (OTCMKTS:HTCMY) released its quarterly earnings data on Thursday. The company reported $1.65 earnings per share (EPS) for the quarter, Zacks reports. Hitachi Constr had a return on equity of 8.06% and a net margin of 5.22%.

Hitachi Constr Price Performance

Shares of HTCMY remained flat at $65.82 during midday trading on Thursday. 9 shares of the stock traded hands, compared to its average volume of 14. The stock has a market capitalization of $7.08 billion, a price-to-earnings ratio of 14.40 and a beta of 0.49. Hitachi Constr has a 1-year low of $55.92 and a 1-year high of $87.04. The company’s 50-day moving average is $65.52 and its 200 day moving average is $69.08. The company has a current ratio of 1.71, a quick ratio of 0.82 and a debt-to-equity ratio of 0.19.

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.