Hitachi Constr (OTCMKTS:HTCMY) Shares Gap Down – Here’s Why

Hitachi Constr (OTCMKTS:HTCMYGet Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $64.00, but opened at $61.48. Hitachi Constr shares last traded at $61.48, with a volume of 100 shares changing hands.

Hitachi Constr Stock Performance

The firm has a market capitalization of $6.54 billion, a price-to-earnings ratio of 11.28 and a beta of 0.33. The company has a current ratio of 1.63, a quick ratio of 0.77 and a debt-to-equity ratio of 0.25. The stock’s 50-day moving average is $60.38 and its 200-day moving average is $57.28.

Hitachi Constr (OTCMKTS:HTCMYGet Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.73 earnings per share (EPS) for the quarter. The company had revenue of $2.12 billion for the quarter. On average, analysts predict that Hitachi Constr will post 4.76 EPS for the current fiscal year.

Hitachi Constr Company Profile

(Get Free Report)

Hitachi Construction Machinery Co, Ltd., together with its subsidiaries, manufactures and sells construction machineries worldwide. The company operates through two segments, Construction Machinery Business and Solution Business. It offers excavators and wheel loaders, hydraulic excavators, compaction equipment, and rigid dump trucks.

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